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โ† Back to Banking & Financial History

Chapter

The 2008 Financial Crisis

The collapse and its aftermath.

5 entries ยท Chronological order

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1

Lehman Brothers

1850 CE

Investment bank whose 2008 bankruptcy triggered a global financial crisis and became the largest in U.S. history

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2

AIG (American International Group)

1919 CE

Insurance giant that became a source of systemic risk through its Financial Products division's unhedged credit default swap portfolio

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3

2008 Financial Crisis

2007 CE

A systemic global meltdown triggered by the collapse of a debt-fueled housing bubble and financial interconnectedness

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4

Too Big to Fail

1984 CE

Policy doctrine asserting that certain financial institutions are so interconnected that their failure would cause catastrophic systemic collapse

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5

The Foreclosure Crisis

2009 CE

A systemic failure of the U.S. land title system involving forged documents and illegal repossessions after the 2008 crash

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