A financial crisis is any of a broad variety of situations in which some financial assets suddenly lose a large part of their nominal value. In the 19th and early 20th centuries, many financial crises were associated with banking panics, and many recessions coincided with these panics.
The financial crisis of 2007–2008, also known as the global financial crisis and the 2008 financial crisis, is considered by many economists to have been the worst financial crisis since the Great Depression of the 1930s.
An overview of the causes and consequences of the global financial crisis that hit the world in 2008, last updated September 30, 2010.
THE collapse of Lehman Brothers, a sprawling global bank, in September 2008 almost brought down the world’s financial system. It took huge taxpayer-financed bail-outs to shore up the industry.
Business Insider chronicles the scariest moments of the financial crisis, from the collapse of Lehman Brothers to AIG's second bailout.
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The 2007 financial crisis is when banks stopped trusting each other. This timeline includes early warning signs and steps taken.
The financial crisis happened because banks were able to create too much money, too quickly, and used it to push up house prices and speculate on financial markets.
The financial crisis, five years on: how the world economy plunged into recession
The Federal Reserve's response to the financial crisis and actions to foster maximum employment and price stability