A look back at the financial crisis: What did we learn? What’s changed?

Ten years after the start of the nation’s unprecedented financial crisis, Cleveland Fed examiners and others reflect on what happened and detail how things have changed in response to it.

A decade since the start of the financial crisis, the costs and consequences of the financial crisis are clear, as are the risks of ignoring potential signs of the next one. So what’s changed in the decade since the Great Recession began? How have those changes impacted the banking industry and consumers? And are we any better protected from the next financial crisis?

In chapters, audio interviews, a timeline, and more, our experts and others outline some lessons learned.

Explore the latest Cleveland Fed multimedia storytelling, “The Crisis, The Fallout, the Change.” Then, tell us what you think.