Subprime mortgage crisis
Videos
The American subprime mortgage crisis was a multinational financial crisis that occurred between 2007 and 2010, contributing to the 2008 financial crisis. It led to a severe economic recession, with m
Federal funds rate history and recessions
A mortgage brokerage in the US advertising subprime mortgages in July 2008
Relationship between fiscal tightening (austerity) in Eurozone countries with their GDP growth rate, 2008–2012
People queuing outside a Northern Rock bank branch in Birmingham, United Kingdom, on September 15, 2007, to withdraw their savings because of the subprime crisis
Lehman Brothers
Videos
Lehman Brothers Holdings Inc. was an American global financial services firm founded in 1850. Before filing for bankruptcy in 2008, Lehman was the fourth-largest investment bank in the United States,
Subprime mortgage crisis
…in late 2008, with significant disruption in the flow of credit to businesses and consumers and the onset of a severe global recession. Most notably, Lehman Brothers, a major mortgage lender, filed for bankruptcy in September 2008. There were many causes of the crisis, with commentators assigning different levels…
Lehman Brothers headquarters in Times Square, a year before the company's collapse
Pete Peterson
Lehman Brothers headquarters in New York City on September 15, 2008