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  2. Great Recession in the Americas - Wikipedia

    en.wikipedia.org/wiki/Great_Recession_in_the...

    The United States entered 2008 during a housing market correction, a subprime mortgage crisis and a declining dollar value. [2] In February, 63,000 jobs were lost, [ 3 ] a 5-year record. [ 4 ] In September, 159,000 jobs were lost, bringing the monthly average to 84,000 per month from January to September 2008.

  3. Subprime mortgage crisis - Wikipedia

    en.wikipedia.org/wiki/Subprime_mortgage_crisis

    During 2008, the typical US household owned 13 credit cards, with 40% of households carrying a balance, up from 6% in 1970. [ 64 ] Free cash used by consumers from home equity extraction doubled from $627 billion in 2001 to $1,428 billion in 2005 as the housing bubble built, a total of nearly $5 trillion over the period.

  4. Template:USBill - Wikipedia

    en.wikipedia.org/wiki/Template:USBill

    Links to a specific bill via Congress.gov Template parameters [Edit template data] This template prefers inline formatting of parameters. Parameter Description Type Status Congress number 1 93–present Example 111 Number required Type 2 hr for House bill, hres for House Resolution, hjres for House Joint Resolution, hconres for House Concurrent Resolution, ha for House Amendment, s for Senate ...

  5. 2007–2008 financial crisis - Wikipedia

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

    January 22, 2008: The US Federal Reserve cut interest rates by 0.75% to stimulate the economy, the largest drop in 25 years and the first emergency cut since 2001. [113] January 2008: U.S. stocks had the worst January since 2000 over concerns about the exposure of companies that issue bond insurance. [114]

  6. AOL Mail

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    Get AOL Mail for FREE! Manage your email like never before with travel, photo & document views. Personalize your inbox with themes & tabs. You've Got Mail!

  7. Government policies and the subprime mortgage crisis

    en.wikipedia.org/wiki/Government_policies_and...

    Bill Clinton stated (in 2008): "I don't see that signing that bill had anything to do with the current crisis." [21] Luigi Zingales argues that the repeal had an indirect effect. It aligned the formerly competing investment and commercial banking sectors to lobby in common cause for laws, regulations and reforms favoring the credit industry. [22]

  8. Edson Bueno - Pay Pals - The Huffington Post

    data.huffingtonpost.com/paypals/edson-bueno

    Average CEO Pay is calculated using the last year a director sat on the board of each company. Stock returns do not include dividends. All directors refers to people who sat on the board of at least one Fortune 100 company between 2008 and 2012. The Pay Pals project relies on financial research conducted by the Center for Economic Policy and ...

  9. Bankruptcy of Lehman Brothers - Wikipedia

    en.wikipedia.org/wiki/Bankruptcy_of_Lehman_Brothers

    The bankruptcy of Lehman Brothers, also known as the Crash of '08 and the Lehman Shock, on September 15, 2008, was the climax of the subprime mortgage crisis. After the financial services firm was notified of a pending credit downgrade due to its heavy position in subprime mortgages, the Federal Reserve summoned several banks to negotiate ...

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