The 2008 Financial Crisis - Causes and Effects

Want to understand the 2008 financial crisis? Here is a really informative and useful video on the causes and the effects of the 2008 financial crisis by Jonathan Jarvis.

Banking Explained – Money and Credit

Banks are a riddle wrapped up in an enigma. We all kind of know that they do stuff with money we don’t understand, while the last crisis left a feeling of deep mistrust and confusion. We try to shed a bit of light onto the banking system. Why were banks invented, why did they cause the last crisis and are there alternatives?

Pew: Banks Need to Continue to Step Up Compliance

From National Mortgage Professional Magazine –

“The Pew Charitable Trusts has released its third evaluation of checking account disclosure, overdraft, and dispute resolution practices at the nation’s largest retail banks, finding mixed results. Some banks continued to improve, particularly regarding disclosure, but the prevalence of harmful overdraft fees and account terms showed little change or grew worse. The report recommends that the Consumer Financial Protection Bureau (CFPB) issue comprehensive rules to ensure that checking accounts are safe and transparent for all consumers.”

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