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Happy, er, Near-Financial-Collapse-Anniversary




A Wall St. sign next to the New York Stock Exchange (NYSE) September 16, 2008 in New York City.
A Wall St. sign next to the New York Stock Exchange (NYSE) September 16, 2008 in New York City.
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The powers at be have proclaimed today, the day before the financial-services firm Lehman Brothers declared bankruptcy a year ago, the unhappy anniversary of our country’s near-financial demise. President Obama marked the occasional with a speech this morning, assessing the past year and looking forward to regulation that should prevent history from repeating.

Guests:

Chris Thornberg, Principal, Beacon Economics; Economic forecaster, former Senior Economist with the UCLA Anderson Forecast

Anne Vorce, director of the Fiscal Roadmap Project for the Committee for a Responsible Federal Budget; policy director, Fiscal Policy Program at the New American Foundation