Karen Weise was an intern at ProPublica and a recipient of the Mark Felt Scholarship for Investigative Reporting at UC Berkeley's Graduate School of Journalism. She has worked in public radio and as a researcher for PBS/Frontline. She has freelanced for Marketplace, The World, The San Jose Mercury News and others and was a finalist for an Investigative Reporting and Editors award. She came to journalism from a business background after graduating cum laude from Yale University.
This past year prosecutors, regulators, Congress and journalists spent the year uncovering the financial shenanigans that brought the market to its knees. It's been marked by a few blockbuster settlements and more revealing investigations as well as by some noticeable inaction in the reckoning.
The Federal Reserve released data on more than 21,000 loans and other deals it made through a dozen emergency programs during the financial crisis. We've combined the Fed’s three programs that loaned directly to banks and other financial firms with the goal of getting them to start lending again.
The U.S. government's effort to help struggling homeowners from defaulting on their mortgages is approaching a standstill, and the number of homeowners in ongoing mortgage modifications could start shrinking.