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  2. Bankruptcy of Lehman Brothers - Wikipedia

    en.wikipedia.org/wiki/Bankruptcy_of_Lehman_Brothers

    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 ...

  3. 2007–2008 financial crisis - Wikipedia

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

    The 2007–2008 financial crisis, or the global financial crisis ( GFC ), was the most severe worldwide economic crisis since the Great Depression. Predatory lending in the form of subprime mortgages targeting low-income homebuyers, [ 1] excessive risk-taking by global financial institutions, [ 2] a continuous buildup of toxic assets within ...

  4. Zazzle - Wikipedia

    en.wikipedia.org/wiki/Zazzle

    Zazzle is an American online marketplace that allows designers and customers to create their own products with independent manufacturers (clothing, posters, etc.), as well as use images from participating companies. Zazzle has partnered with many brands to amass a collection of digital images from companies like Disney, Warner Brothers and NCAA ...

  5. Top economist who predicted 2008 housing crash says the ... - AOL

    www.aol.com/finance/top-economist-predicted-2008...

    The commercial real estate collapse has been most evident in the office sector, with vacancy rates at nearly 1.5 times the amount than at the end of 2019, according to a report by real estate firm ...

  6. Is the housing market going to crash? What the experts ... - AOL

    www.aol.com/finance/housing-market-going-crash...

    The U.S. housing market had finally started slowing in late 2022, and home prices seemed poised for a correction. But a strange thing happened on the way to the housing market crash: Home values ...

  7. Zero-down mortgages are back sparking fears of being ... - AOL

    www.aol.com/zero-down-mortgages-back-sparking...

    A new “zero-down” mortgage program has sparked concern of fueling another housing bubble given its similarities to the disastrous subprime loans that contributed to the 2008 housing market crash.

  8. Subprime mortgage crisis - Wikipedia

    en.wikipedia.org/wiki/Subprime_mortgage_crisis

    The American subprime mortgage crisis was a multinational financial crisis that occurred between 2007 and 2010 that contributed to the 2007–2008 global financial crisis. The crisis led to a severe economic recession, with millions losing their jobs and many businesses going bankrupt.

  9. Global financial crisis in September 2008 - Wikipedia

    en.wikipedia.org/wiki/Global_financial_crisis_in...

    Developing global financial crisis. Beginning with bankruptcy of Lehman Brothers at midnight Monday, September 15, 2008, the financial crisis entered an acute phase marked by failures of prominent American and European banks and efforts by the American and European governments to rescue distressed financial institutions, in the United States by ...

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