Finance & Economics Theories

The 2008 financial crisis response — the $700B TARP, $182B AIG bailout, and Federal Reserve emergency lending — is subject to confirmed and contested claims: bank executives knew of subprime risk and profited anyway; "too big to fail" was institutionalized; regulatory capture was documented.

The April 2016 leak of 11.5 million documents from Panamanian law firm Mossack Fonseca revealed an international network of offshore shell companies used by politicians, celebrities, and criminals for tax evasion, money laundering, and concealing ownership.

The April 20, 2010 Deepwater Horizon oil rig explosion in the Gulf of Mexico killed 11 workers and released ~4.9M barrels of oil — the largest marine oil spill in history. BP, Transocean, and Halliburton's cost-cutting and safety failures are documented; allegations of regulatory capture and concealment of spill volume are partly supported.