How the world’s biggest banks fell from grace.
How Jon Corzine’s billion-dollar bet on European sovereign debt destroyed MF Global, a 200-year-old brokerage, leaving $1.6 billion in customer funds missing.
How Countrywide Financial became America’s largest mortgage lender by fueling the subprime crisis with toxic loans, contributing to the 2008 housing collapse.
When Nobel Prize-winning economists at Long-Term Capital Management nearly broke the global financial system with $1.25 trillion in leveraged positions in 1998.
Wells Fargo’s toxic sales culture pushed employees to open millions of unauthorized accounts for years. Here’s how the scandal was hidden — and how a whistleblower finally ended it.
Lehman Brothers’ 2008 bankruptcy triggered the worst financial crisis in 80 years. Here’s the inside story of what was hidden, who knew, and what actually went wrong.
Credit Suisse survived two world wars but collapsed in 72 hours in March 2023. Here’s what happened in the weekend that ended 167 years of Swiss banking history.
AIG’s London office wrote $440 billion in credit default swaps with no capital backing. When markets turned, the US government spent $185 billion to bail it out.
Bear Stearns was the first major bank to fall in the 2008 financial crisis. Here’s how 85 years of investment banking history ended in a single chaotic weekend.
When Lehman Brothers filed for bankruptcy on September 15, 2008, it triggered the worst financial crisis since the Great Depression. Here’s the full story of how it happened.
Credit Suisse was forced into an emergency UBS merger in March 2023. Here’s how a 167-year-old institution went from pillar of global finance to emergency rescue in days.