The bankruptcy of Lehman Brothers (headquarters pictured), the fourth-largest U.S. investment bank (behind Goldman Sachs, Morgan Stanley, and Merrill Lynch), on September 15, 2008, is often …

Nov 25, 2025 · Learn more about the causes, the events, and the aftermath of the 2007–2008 financial crisis and the Great Recession that followed.

In 2007, losses on mortgage-related financial assets began to cause strains in global financial markets, and in December 2007 the US economy entered a recession. That year several large financial firms …

Sep 14, 2018 · Discover the confluence of events that prompted the Great Recession in America and its main culprit: the subprime mortgage housing crisis. In mid-September catastrophe erupted, …

financial crisis of 2007–08, severe contraction of liquidity in global financial markets that originated in the United States as a result of the collapse of the U.S. housing market.

Mar 3, 2025 · The financial crisis of 2007-2008 significantly transformed global finance, stemming from risky practices like subprime lending and inadequate regulation.

Unravel the 2008 financial crisis's causes, consequences, and global impact. Discover how it reshaped markets and policies, influencing economies worldwide.

May 26, 2024 · The global financial crisis of 2008 was the worst economic disaster since the Great Depression. It caused upheaval in financial markets around the world, brought down major banks, …

Nov 29, 2025 · 2008: The crisis reached its peak in 2008. Key events included the collapse of Lehman Brothers, which filed for Chapter 11 bankruptcy protection on September 15, 2008, with $639 billion …

The 2008 financial crisis was the largest and most severe financial event since the Great Depression and reshaped the world of finance and investment banking. The effects are still being felt today, yet …