Date of Submission
Spring 2022
Academic Program
Historical Studies
Project Advisor 1
Jeannette Estruth
Abstract/Artist's Statement
This research details the economic policies enacted in the late twentieth and earlier twenty-first centuries which laid the groundwork for the 2008 financial crisis. It evaluates the degree to which the Federal Government’s policies were influenced by corporate wealth on Wall Street. The secondary mortgage market is emphasized as a key area in which the Federal government incentivized predatory lending. The research posits that the Federal government’s financial ties with Wall Street weakened reforms in the 2008 financial crisis. Further, that it caused a national loss of housing and wealth, particularly for residents of color.
Open Access Agreement
Open Access
Creative Commons License
This work is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 4.0 License.
Recommended Citation
Donohue, Jordan S., "The Victors of Finance: How Federal Connections to Corporate Wealth Weakened Reforms in the 2008 Financial Crisis" (2022). Senior Projects Spring 2022. 131.
https://digitalcommons.bard.edu/senproj_s2022/131
This work is protected by a Creative Commons license. Any use not permitted under that license is prohibited.