Crash of 2008/Timelines: Difference between revisions
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==The year 2007 (summary)== | ==The year 2007 (summary)== | ||
US '''Subprime mortgage crisis''' [http://news.bbc.co.uk/1/hi/business/7073131.stm]. | |||
'''US house prices fall''' throughout 2007 [http://money.cnn.com/2007/05/14/real_estate/first_quarter_NAR_prices/index.htm]. | '''US house prices fall''' throughout 2007 [http://money.cnn.com/2007/05/14/real_estate/first_quarter_NAR_prices/index.htm]. | ||
Revision as of 08:23, 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
September
12 Lehman Brothers seek bankruptcy protection [7]
15 US Federal Reserve Bank rescues Bear Stearns bank [8].
16
17 US government nationalises American Insurance Group [9].
18 US Treasury and Federal Reserve Bank propose a scheme to take "toxic assets" out of the US banking system [10].
19
23 US Federal Reserve Bank protects Goldman Sachs and Morgan Stanley [11].