A veteran finance pro who called the 2008 crash says 4 risks signal the next crisis could be worse
Risks of a financial crisis are brewing, and it could be worse than the Great Recession, according to a longtime finance pro who predicted the 2008 crisis. Richard Bookstaber, a Wall Street veteran who wrote a 2007 book that foreshadowed the Great Recession, said there are compounding stressors in the financial market that are not only reminiscent of the Great Recession but suggest the next crisis could be worse.Bookstaber is familiar with financial crises, having spent decades working in risk management a ...