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Up until the Depression, recession had a moral character: it was supposed to purge the body economic of the greed and excess that attends a business expansion.

It appears that Wall Street is not acting as a force for economic expansion, providing access to capital for companies that make things. Rather, it seems, Wall Street is using government bailouts to lever up.

On Wall Street, financial crisis destroys jobs. Here in Washington, it creates them. The rest is just details.

The Great Recession rocked the foundation of every financial institution, including Johnson Bank. We were struggling, and it was happening under my watch.

The trouble is that the average trader on Wall Street, he or she is so young, he doesn't even remember the recession of 2001, let alone the previous one.

With every year that passes, the more we have to be careful not to forget the causes and consequences of the Great Recession.

Every time there is a recession, consumers will typically be more cautious, more conservative, take more time, and make more serious price-performance trade-offs.

Wall Street has come a long way from the insider-dominated world that was blown apart by the Great Depression.

People stop buying things, and that is how you turn a slowdown into a recession.

We got into a recession because the global economy went into the recession and we're a big exporting nation.