Showing results for "Brothers" in Public Policy

Dr. Rosenlicht explains the disastrous outcomes of the for-profit mental health care model. Patients are “clients” and doctors are “providers,” stripping away the humanity and emboldening shifty ethical and legal practices. Perhaps most insidious, the business model paints the mentally ill as people who don’t want help, rather than someone who can’t afford care or even realize they need help because of their illness. Mental illness will touch all of us in some way, if not directly through those we know and love.

The bankruptcy of the investment bank Lehman Brothers was the pivotal event of the 2008 financial crisis and the Great Recession that followed. Ever since the bankruptcy, there has been heated debate about why the Federal Reserve did not rescue Lehman in the same way it rescued other financial institutions, such as Bear Stearns and AIG. The Fed's leaders from that time, especially former Chairman Ben Bernanke, have strongly asserted that they lacked the legal authority to save Lehman because it did not have adequate collateral for the loan it needed to survive.