Global financial crisis, 2008

The global financial crisis of September–October 2008 is a major ongoing financial crisis, the worst of its kind since the Great Depression. It became prominantly visible in mid-September, 2008 with the failure, merger or conservatorship of several large United States-based financial firms. The underlying causes leading to the crisis had been reported in business journals for many months before September, with commentary about the financial stability of leading U.S. investment banks, insurance firms and mortgage banks.



Recent comments
1 day 8 min ago
4 weeks 5 days ago
9 weeks 1 hour ago
22 weeks 16 hours ago
26 weeks 2 days ago