Masters in Business What Went Wrong in Great Financial Crisis Stimulus with Reporter Jon Hilsenrath
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Oct 31, 2025 Jon Hilsenrath, a former chief economics correspondent at the Wall Street Journal and founder of Serpa Pinto Advisory, shares his insights on the Great Financial Crisis. He discusses why AIG was saved while Lehman Brothers wasn't, and critiques the flaws in fiscal policy during the crisis. Hilsenrath also reflects on the shifting dynamics within the Fed and the implications of today's information revolution. He highlights the challenges of inequality and the impact of automation on workers, sparking a thought-provoking look at the future of the economy.
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Early Housing Boom Warning In 2005
- In 2005 Jon wrote a prescient feature linking a global housing boom to a complex credit expansion, quoting Robert Shiller.
- That series anticipated the recessionary outcome years before the 2008 crisis unfolded.
A Boy's Homework Traces Global Trade
- Jon traced U.S.-China trade asymmetry to recycled materials exports and told it through a boy's homework found in a shipping container.
- The storytelling tied local recycling to global manufacturing supply chains vividly.
Fed Consensus Is Being Politicized
- Political appointments are shifting the Fed from internal consensus to partisan alignment, threatening institutional independence.
- A presidential majority on the board could reshape oversight and regional Fed structures.
