text: Five Years Later, Observations on the Financial Crisis Offers Insiders' Perspectives on the Events Leading Up to the Financial Crisis of 2008 and Its Immediate Aftermath | EON: Enhanced Online News
  September 03, 2013 10:00 AM Eastern Time STANFORD, Calif.--(BUSINESS WIRE)--Hoover Institution Press today released Observations on the Financial Crisis, an essay in which Keith Hennessey and Edward Lazear draw on their experiences in the Bush White House to offer nineteen observations key to understanding the current financial crisis. Hennessey and Lazear highlight a number of generally overlooked points and correct popular misinterpretations of policy decisions made during the last year of the Bush administration and the first few months of the of the Obama administration.
  "As we embark on the fifth anniversary of the financial crisis, we thought it important, given our vantage point at that time, to provide a set of observations that we believe are key to understanding the crisis"
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  Key observations of the 2008 financial crisis written by two former White House staffers, Keith Hennessey and Edward Lazear.