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The 2007–2008 financial crisis, or the global financial crisis (GFC), was the most severe worldwide economic crisis since the Great Depression.
Aug 25, 2024 · The 2008 financial crisis began with cheap credit and lax lending standards that fueled a housing price bubble. The low-quality loans were packaged and resold to financial institutions...
The financial crisis of 2007–08 was a severe contraction of liquidity in global financial markets that originated in the United States as a result of the collapse of the U.S. housing market. It precipitated the Great Recession (2007–09), the worst economic downturn in the United States since the Great Depression.
Jul 17, 2018 · What really went wrong in the 2008 financial crisis? Martin Wolf on how the crisis marked the end of a consensus for liberalisation. Ben Bernanke (centre), then chairman of the Federal Reserve,...
Sep 14, 2018 · The warning signs of an epic financial crisis were blinking steadily through 2008—for those who were paying close attention. One clue?
Dec 18, 2023 · What Was the 2008 Great Recession? The Great Recession was the sharp decline in economic activity that started in 2007 and lasted several years, spilling into global economies. It is...
Sep 13, 2018 · Ten years ago this week, the collapse of Lehman Brothers became the signal event of the 2008 financial crisis. Its effects and the recession that followed, on income, wealth, disparity and...
On 15 September 2008 the investment bank Lehman Brothers collapsed, sending shockwaves through the global financial system and beyond. Visit our timeline to explore the events leading up to Lehman Brothers’ failure and what happened in the weeks that followed.
The U.S. financial crisis of 2008 followed a boom and bust cycle in the housing market that originated several years earlier and exposed vulnerabilities in the financial system.
May 4, 2017 · A brief history. May 4th 2017. EXACTLY TEN YEARS ago, on May 6th 2007, ABN AMRO rejected a $24.5bn bid by three European rivals for LaSalle, a Chicago bank which the Dutch lender had owned since...
