“Just in the time for the four-year anniversary of the collapse of Lehman Brothers, a report concludes that the U.S. financial crisis has cost the country $12.8 trillion.
Better Markets, a nonprofit organization whose self-described mission is to “promote the public interest in financial reform,” estimated the cost of the “Wall-Street caused financial collapse and ongoing economic crisis” using figures from the Congressional Budget Office and Gross Domestic Product estimates from the U.S. Bureau of Economic Analysis…”
Read Susanna Kim’s full ABC News Article here