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The 2008 financial crisis, also known as the global financial crisis, was a major worldwide economic crisis, centered in the United States, which triggered the Great Recession of late 2007 to mid-2009, the most severe downturn since the Wall Street crash of 1929 and Great Depression.
Historian Robin Blackburn wrote: "The Wall Street investment banks and brokerages hemorrhaged $175 billion of capital in the period July 2007 to March 2008, and Bear Stearns, the fifth largest, was 'rescued' in March, at a fire-sale price, by JP Morgan Chase with the help of $29 billion of guarantees from the Federal Reserve." [178]
A mob tried to break into the Capitol to disrupt the electoral vote count following the 1860 United States presidential election. Capitol security blocked their entry because they lacked proper credentials. Instead, the mob stood outside yelling insults at General Winfield Scott who headed the Capitol's security force. The mob's epithets ...
A freeze in lending triggers a panic in a Western financial capital which then spreads around the globe, eventually tipping several South American countries into default. In a desperate attempt to ...
The US Capitol Police arrested a man Wednesday after he allegedly attempted to set his car on fire near the Capitol as President-elect Donald Trump was visiting Republican lawmakers and paying his ...
The September 2008 crash killed four of the six people on board. Barker, who has hasn’t been on a plane since the accident, and his friend Adam “DJ AM” Goldstein were the only two survivors ...
The number of homicides in Washington peaked in 1991 at 482, [2] a rate of 80.6 homicides per 100,000 residents, [3] and the city eventually became known as the "murder capital" of the United States. [4] The crime rate started to fall in the mid-1990s as the crack cocaine epidemic gave way to economic revitalization projects. Neighborhood ...
Officer Brian Sicknick, mortally wounded by a fire extinguisher to the head while defending the U.S. Capitol from rioters, was a true American patriot: An Iraq War veteran, unafraid to question ...