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While the causes of the bubble and subsequent crash are disputed, the precipitating factor for the Financial Crisis of 2007–2008 was the bursting of the United States housing bubble and the subsequent subprime mortgage crisis, which occurred due to a high default rate and resulting foreclosures of mortgage loans, particularly adjustable-rate ...
On August 16, 1987, a McDonnell Douglas MD-82, operating as Northwest Airlines Flight 255, crashed shortly after takeoff from Detroit Metropolitan Airport, about 8:46 pm EDT (00:46 UTC August 17), resulting in the deaths of all six crew members and 148 of the 149 passengers, along with two people on the ground.
(AFP via Google News) A mudslide caused by an illegal mine in Shanxi province in China kills 254 people. (Xinhua News Agency) A bus crashes into a 100 m gorge in Sichuan, China, killing 51. The All Blacks defeat Australia (28–24) to win the 2008 Tri Nations Series at the Suncorp Stadium in Brisbane, Australia. 2008 South Ossetia war:
In the two weeks before the fatal crash, Life360 recorded 94 trips by Kiernan, nearly half of them over 90 mph. The highest speed recorded was on Nov. 1, when he drove 153 mph for 20 miles.
Two National Guard soldiers and a Border Patrol agent identified after they were killed in a helicopter crash near the US-Mexico border
Law and crime Salim Hamdan, Osama Bin Laden's former driver, is sentenced to 66 months in prison for war crimes. (The New York Times) The Mayor of Detroit Kwame Kilpatrick is ordered to go to jail for violating the terms of his bond for an ongoing perjury trial. (NPR) Politics and elections The leaders of the 2008 Mauritanian coup d'état promise to hold elections as soon as possible. (Xinhua ...
The crash on Tuesday near El Centro, California, a dozen miles from the US-Mexico border, left 13 people dead. A big rig collided in an intersection with a Ford Expedition that was packed with 25 ...
The crash caused 28 injuries. Two more separate chain collisions involving an additional 50 cars (also attributed to fog) occurred on Harbor Freeway that same day. [9] 29 November 1971: United Kingdom (Luton, England) 7: 42: 70: Due to fog, there was a pileup on the M1 just north of the A505 junction near Luton, United Kingdom. Fog warning ...