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The Treasury Department

This is the branch of the federal administration that deals with economic policy. At the time of the financial crisis, the department was headed by Secretary Henry Paulson.

The Federal Reserve

This name refers to the national bank that sets monetary policy. The bank lends money to private banks on short term to provide capital for investment.

Lehman Brothers

This was a financial services firm led by Dick Fuld that declared bankruptcy in 2008 after being unable to find a buyer.

Goldman Sachs

This large financial services firm that was deeply involved in the financial crisis of 2008 eventually changed its structure to become a bank holding company in order to gain access to loans from the Federal Reserve. It was headed at the time by CEO Lloyd Blankfein.

Morgan Stanley

This large financial services firm changed its status to a bank holding company in order to...

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