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Great Recession cost: At least $12.8 trillion

The financial crisis and the Great Recession have taken a toll on the U.S. Now one advocacy group says it has calculated that cost: at least $12.8 trillion.

Published: Sept. 13, 2012 at 12:05 a.m. PDT
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The financial crisis and the Great Recession have taken a toll on the U.S. Now one advocacy group says it has calculated that cost: at least $12.8 trillion.

The estimate Wednesday from Better Markets, a public interest group that supports tougher financial regulations, came in a 72-page report released just days before the four-year anniversary of the collapse of Lehman Bros. That failure triggered the crisis, which dramatically exacerbated the recession that began in late 2007.

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