Alan Greenspan: Irrational exuberance to financial crisis

Alan Greenspan’s reputation as head of the US Federal Reserve was legendary — not least because of his reputation for convoluted statements. However, the financial crisis took a toll on his standing.

AI can stop the next financial crisis before it starts

Artificial intelligence can make the system safer, surfacing insights not seen with traditional metrics. Financial crises rarely appear overnight. The warning signs are already there, hidden in mountainous volumes of data that regulators—or really any human—struggle to interpret.

How AI Could Spark the Next Financial Crisis

Gensler worried openly in May about AI's potential to induce a crisis, saying that a future financial crisis could be sparked "because everything was relying on one base level, what's called (the) generative AI level, and a bunch of fintech apps are built on top of it." He went on to call the technology a potential systemic risk.

Warren’s Warning: Is The AI Boom America’s Next Financial Crisis?

The Senate Committee on Banking, Housing, and Urban Affairs will be hearing from four witnesses who will discuss a broad range of issues related to AI.

Dodd-Frank was meant to keep the financial system safe. Did it?

The Dodd-Frank Wall Street Reform and Consumer Protection Act was created out of the wreckage of the 2008 financial crisis. What is its legacy?
Phys.org

AI could spot the next financial crisis—but there's a catch

What if AI could predict the next financial meltdown? Sounds like a promising idea, yet as new research finds, the devil is in the details. Since the 2008 financial crisis, the Federal Reserve and other central banks have focused on monitoring the ...
Morningstar

Private credit not only won't spark a financial crisis - it may be more stable than your bank

With 65% equity cushions and 10-year lockups, Wall Street's 'anti-banks' won't face a 'Lehman moment' Private credit is better prepared than traditional banks to withstand shocks. Rising redemption pressures in parts of the private-credit market - and ...

America’s New Financial Middle: Not in Crisis, Not Thriving Either

In a poll, more than half of respondents consider themselves financially “conflicted.”
Investopedia

Understanding the U.S. Government's AIG Bailout During the Financial Crisis

Gregory Gethard has 18+ years of experience as a reporter, writer, and editor. He shares his knowledge via a combo of commentary and stand-up comedy. Amilcar has 10 years of FinTech, blockchain, and crypto startup experience and advises financial ...

Bank of England unveils Armageddon stress test scenario 'more severe than the financial crisis'

The Bank of England is poised to probe how private markets’ response to a theoretical financial Armageddon in which stocks plummet and prices soars that industry figures have said is more severe than the global financial crisis.