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...This seminal event greatly intensified the ongoing economic crisis in the US and led to the erosion of a record $10 trillion in market capitalization from the global equity markets. With its ninth anniversary round the corner, a new working paper at National Bureau of Economic Research (NBER), a leading economic research organization based in the US, along with independent research work by scholars at Massachusetts Institute of Technology, is giving rise to a competing theory that has challenged the broadly concordant reasons for the Great Recession. “Like I said, don’t get emotional about real estate, Nash. They’re boxes. You listening? Big boxes, small boxes.” (From a scene in the 2014 Hollywood movie, 99 Homes). Rick Carver, the devilish real estate operator played brilliantly by Michael Shannon, thunders these lines to his victim-cum-employee Dennis Nash. ...Live Mint on Sept. 12, 2017, 12:31 p.m.