In the Balance

The Lehman Legacy

Sept. 15, 2018

In this special edition we hear personal stories from the Great Recession and ask who has paid the highest price. From mortgage defaults and job losses to stagnant wages, we find out how hard the last 10 years have been for many individuals and families, and ask what legacy the financial crisis has left. Plus, where might the next crash come from, and are we any better prepared to withstand it? Manuela Saragosa leads the discussion with a panel of experts: Adam Tooze, professor of history at Columbia University and author of Crashed: How a Decade of Global Financial crises Changed the World; Pablo Bustinduy, a member of parliament in the Spanish anti-austerity political party Podemos; and Scott Winship, a poverty and inequality researcher, formerly of the Brookings Institution and now directing the Social Capital Project within the Joint Economic Committee of the US Congress. Image: Boarded-up windows on a foreclosed home (Credit: Getty Images)

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