Crash of 2008/Timelines: Difference between revisions
imported>Nick Gardner |
imported>Nick Gardner m (→2008) |
||
| Line 23: | Line 23: | ||
==2008== | ==2008== | ||
===August=== | |||
US Government's '''Fannie Mae and Freddie Mac rescue''' [http://nreionline.com/property/multifamily/real_estate_senate_okays_fannie/]. | |||
Revision as of 08:34, 23 September 2008
For definitions of the terms used here, see the related articles subpage of the main article.
The 1980s
Financial,deregulation In the USA [1], [2], the UK [3].
Savings and Loans crisis - Failure of 296 US "savings and loans" mortgage lenders [4]
The 1990s
Failure of a further 451 US "savings and loans" mortgage lenders
The year 2007 (summary)
US Subprime mortgage crisis [5].
US house prices fall throughout 2007 [6].
2007
The year 2008 (summary)
2008
August
US Government's Fannie Mae and Freddie Mac rescue [7].
September
12 Lehman Brothers seek bankruptcy protection [8]
15 US Federal Reserve Bank rescues Bear Stearns bank [9].
16
17 US government nationalises American Insurance Group [10].
18 US Treasury and Federal Reserve Bank propose a scheme to take "toxic assets" out of the US banking system [11].
19
23 US Federal Reserve Bank protects Goldman Sachs and Morgan Stanley [12].