Understanding Why It Happened

There's no end in sight on the financial crisis, but that has not kept several foundations from supporting efforts to understand how the crisis came about and ensure that it does not happen again. In the meantime, they also serve as a touchstone to the more immediate issues surrounding the crisis. We suggest that you bookmark the sites and return to them regularly to keep up with our understanding and future trends.

The Alfred P. Sloan Foundation has provided three grants totaling $1.7 million to:

• The Wharton School at the University of Pennsylvania;
• The National Bureau of Economic Research; and.
• The Brookings Institution

Each has received funds to study the ongoing financial market crisis and to improve public understanding of economics and finance.

The Sloan foundation made an additional $1 million grant to the NewsHour with Jim Lehrer for a series of reports on the crisis, with the same goal of improving the public’s economic and financial literacy.

Wharton's Website provides timely analysis and insight into the origins of the financial crisis, how it's affecting our economy, and what we can expect for the future. Check this page frequently as news posts and information will be added regularly. Wharton School at the University of Pennsylvania

"National Bureau of Economic Research is the nation's leading economic research organization and posts working papers, data, and other resources for business professionals, public policy makers.

The Brookings Institution is a nonprofit public policy organization based in Washington, DC. Our mission is to conduct high-quality, independent research and, based on that research, to provide innovative, practical recommendations that advance three broad goals:

• Strengthen American democracy;
• Foster the economic and social welfare, security and opportunity of all Americans and
• Secure a more open, safe, prosperous and cooperative international system.

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