2008 financial crisis summary - EAS

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  1. 2007–2008 financial crisis - Wikipedia

    https://en.wikipedia.org/wiki/2007–2008_financial_crisis

    The 2007–2008 financial crisis, or Global Financial Crisis (GFC), was a severe worldwide economic crisis that occurred in the early 21st century. It was the most serious financial crisis since the Great Depression (1929). Predatory lending targeting low-income homebuyers, excessive risk-taking by global financial institutions, and the bursting of the United States housing bubble culminated in …

  2. The 2007–2008 Financial Crisis in Review - Investopedia

    https://www.investopedia.com/articles/economics/09/financial-crisis-review.asp
    • The financial crisis of 2007-2008 was years in the making. By the summer of 2007, financial mar…
      Yet despite the warning signs, few investors suspected that the worst crisis in nearly eight decades was about to engulf the global financial system, bringing Wall Street's giants to their knees and triggering the Great Recession.
    • It was an epic financial and economic collapse that cost many ordinary people their jobs, their lif…
      The 2007-2009 financial crisis developed gradually. Home prices began to fall in early 2006.
    See more on investopedia.com
  3. The 2008 Crash: What Happened to All That Money?

    https://www.history.com/news/2008-financial-crisis-causes

    Sep 15, 2018 · The 2008 financial crisis had its origins in the housing market, for generations the symbolic cornerstone of American prosperity. Federal policy …

    • Estimated Reading Time: 9 mins
  4. 2008-2009 Global Financial Crisis - Overview, Market Bubble, …

    https://corporatefinanceinstitute.com/resources/...

    Jan 12, 2020 · The Global Financial Crisis of 2008-2009 refers to the massive financial crisis the world faced from 2008 to 2009. The financial crisis took its toll on individuals and …

  5. 2008 Financial Crisis: What Caused The Crash?

    https://www.historyextra.com/period/modern...

    Apr 15, 2021 · Within a few weeks in September 2008, Lehman Brothers, one of the world's biggest financial institutions, went bankrupt; £90bn was wiped off the value of Britain's biggest companies in a single day; and there

  6. Financial Banking Crisis 2008 - Detailed Overview - Wall Street …

    https://www.wallstreetoasis.com/financial-banking-crisis-2008-overview

    The 2008 financial crisis was the largest and most severe financial event since the Great Depression and reshaped the world of finance and investment banking. The effects are still …

  7. Great Recession | Causes, Effects, Statistics, & Facts

    https://www.britannica.com/topic/great-recession

    Beginning in late 2007 and lasting until mid-2009, it was the longest and deepest economic downturn in many countries, including the United States, since the Great Depression (1929– c. …

  8. Great Recession Timeline - HISTORY

    https://www.history.com/topics/21st-century/great...

    Aug 2, 2012 · October 6-10, 2008: The Dow suffers its largest-ever weekly loss: 1,874 points. The value of U.S. stocks plunges, causing many Americans to lose savings invested in financial markets.



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