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They Crashed the Economy in 2008. Now They're Back and Bigger Than Ever.

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Wall Street expects to sell more than $355 billion in asset-backed debt this year. Remember that conference in 'The Big Short'? It just drew a record 10,000.
The article from MSN discusses the resurgence of major financial institutions that were central to the 2008 financial crisis. It highlights how these banks, including names like Goldman Sachs and JPMorgan Chase, have not only recovered but have grown significantly larger and more influential than before. The piece points out that these institutions, often referred to as "too big to fail," have benefited from government bailouts and regulatory changes that have allowed them to expand their operations. It raises concerns about the concentration of financial power, the potential for systemic risk due to their size, and questions the effectiveness of post-crisis financial reforms aimed at preventing another economic meltdown. The article also touches on the public's growing unease with the wealth and influence these banks wield, suggesting that while they are now bigger than ever, the underlying issues that led to the 2008 crisis might still persist.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/companies/they-crashed-the-economy-in-2008-now-they-re-back-and-bigger-than-amaever/ar-AA1A1k0Y ]