New report to detail financial crisis costs, 1 pm Sept. 12

Better Markets Inc., a Washington-based nonprofit organization that promotes the public interest in the U.S. and global financial markets, will release a new report detailing the costs of the financial crisis at 1 p.m. Sept. 12.

Dennis M. Kelleher, president and chief executive officer of Better Markets Inc., will present the report’s findings, which detail the cost of the financial crisis as measured in lost wealth due to unemployment, stock market losses and housing value declines, reduced GDP, government bailouts and economic hardship, among other factors. The report’s release coincides with the fourth anniversary of the bankruptcy filing of financial services firm Lehman Brothers, the largest bankruptcy in U.S. history.