Taste of Events in Great Recession crisis

As a teaser to my readers, here are some highlights of the Great Recession. For starters, the following are a very few events, situations or dilemmas that happened and may be still unfolding. These are for real. If one were to write a novel perhaps Steven King would be a great author of the book! Here it goes:

    • The collapse of Lehman Brothers
    • The bailout of AIG
    • The bailout of GM
    • The fire sale of Merrill Lynch
    • The manipulation of LIBOR rate

I will blog more details and offer links to detailed descriptions of these events or situations. This list is not complete by a long-shot. Enjoy the ride along with me. You may be inspired to do some research on your own about some of the issues.

July 19, 2016:  I have inserted several blog links since this article was first written (July 2015). Enjoy them at your leisure, it’s a lot to digest… but then again A LOT has happened hasn’t it!


One thought on “Taste of Events in Great Recession crisis

  1. […] A Taste of Events in the Great Recession crisis Timeline and Overview of the Great Recession Crisis Regulate Derivatives? No Way!!!! Humpty Dumpty had a great fall even though there wasn’t a Wall! The Nationalization of Wall Street The U.S. Taxpayer as Lender of Last Resort–The TARP Program Deja Vu all over again, a little bit about Greece, the crisis goes global! Some details that help explain the Great Recession and Global Ecomony Crisis Laboring over the LIBOR scandal The “Flash Crash” and the “London Whale” It’s a Credit Crisis! It’s a Liquidity Crisis! It’s a Solvency Crisis! And now in the center ring: An Asset Bubble!!! […]


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