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  2. Pros and cons of semi-truck financing - AOL

    www.aol.com/finance/pros-cons-semi-truck...

    Key takeaways. Semi-truck financing can be easier to secure than other business loans, even if you are a new business or have bad credit. Businesses can take advantage of depreciation and the ...

  3. Troubled Asset Relief Program - Wikipedia

    en.wikipedia.org/wiki/Troubled_Asset_Relief_Program

    $5 billion in loan guarantees for Citigroup ($5 billion). The program closed, with no payment made, on December 23, 2009. $79.7 billion in loans and capital injections to automakers and their financing arms through the Automotive Industry Financing Program. $21.9 billion to buy "toxic" mortgage-related securities.

  4. Credit rating agencies and the subprime crisis - Wikipedia

    en.wikipedia.org/wiki/Credit_rating_agencies_and...

    Mortgage underwriting standards deteriorated to the point that between 2002 and 2007 an estimated $3.2 trillion in loans were made to homeowners with bad credit and undocumented incomes (e.g., subprime or Alt-A mortgages) [6] and bundled into MBSs and collateralized debt obligations that received high ratings and therefore could be sold to ...

  5. Emergency Economic Stabilization Act of 2008 - Wikipedia

    en.wikipedia.org/wiki/Emergency_Economic...

    United States Department of the Treasury. After the freeing up of world capital markets in the 1970s and the repeal of the Glass–Steagall Act in 1999, banking practices (mostly Greenspan-inspired "self-regulation") and monetized subprime mortgages sold as low risk investments reached a critical stage during September 2008, characterized by severely contracted liquidity in the global credit ...

  6. Government intervention during the subprime mortgage crisis

    en.wikipedia.org/wiki/Government_intervention...

    The remaining bad bank was merged with Bradford & Bingley and became NRAM plc. As of October 2014 around £44 billion in loans remain outstanding. [2] Bear Stearns was acquired by JP Morgan Chase in March 2008 for $1.2 billion. [3] The sale was conditional on the Fed's lending Bear Sterns US$29 billion on a nonrecourse basis. [4]

  7. Why the Dow Hit Rock Bottom 4 Years Ago - AOL

    www.aol.com/news/2013-03-08-why-the-dow-hit-rock...

    Feb. 29, 2008: American International Group reports a surprise $5.3 billion quarterly loss due to bad credit default swaps. The Dow closes at 12,266.39, down 2.5%. The Dow closes at 12,266.39 ...

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