What happened during the financial crisis?

Let’s learn what happened during the financial crisis. The most accurate or helpful solution is served by en.wikipedia.org.

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Financial crisis of 2007–08 - Wikipedia, the free encyclopedia

This increased uncertainty during the crisis regarding the financial position of the major banks. ...

en.wikipedia.org

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2008 Financial Crisis: What would have happened in the 30% chance that the economic recovery of 2009-2012 would not have worked?

Vice President Joe Biden said (accidentally) that "if we do everything right, if we do it with absolute certainty, there's still a 30% chance we're going to get it wrong" in February 2009 in the depths of the financial crisis as the recovery...

Answer:

The typical answer to the question "How bad could it be?" is to compare the present crisis...

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Anton Tarasenko at Quora Mark as irrelevant Undo

What would have happened during the 2008 Financial Crisis if the US were on the gold standard?

Would banks still have been bailed out? Most gold standard advocates would argue that had the US (and perhaps other countries) adopted the gold standard earlier, the 2008 Financial Crisis would have never precipitated in the first place. But let's assume...

Answer:

This is a classic case of logical fallacy which tries to draw a causal relationship between two events...

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Moe Min at Quora Mark as irrelevant Undo

2008 Financial Crisis: What would have happened if Fannie Mae and Freddie Mac were not bailed out and nationalized?

Terrific: we are making a profit on American International Group (company) and the Big Banks bailout, but Fannie Mae and Freddie Mac are a gaping hole. What if we hadn't bailed them out?

Answer:

The other written answers seem to imply that the assets of Fannie Mae and Freddie Mac would have completely...

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Glenn Watson at Quora Mark as irrelevant Undo

Answer:

Wikipedia has a good article on the asian financial crisis. You can read it at: http://en.wikipedia...

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vienies2... at Yahoo! Answers Mark as irrelevant Undo

Which countries have struggled with the aftermath of a financial crisis long, long after it happened?

Argentina (in)famously defaulted on its debt in the early 2000s and is still paying the price (no pun intended). Are there countries that have faced very long-run stunted growth as a result of a financial crisis far in the past? Edit: The U.S. would...

Answer:

The United States had a period of prolonged negative and low GDP growth during the Great Depression...

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Eric Kolovson at Quora Mark as irrelevant Undo

Answer:

The East Asian Financial Crisis was a period of economic unrest that started in July 1997 in Thailand...

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orchardA... at Yahoo! Answers Mark as irrelevant Undo

Answer:

Please read the following, they can explain it better than I can: http://en.wikipedia.org/wiki/Asian...

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orchardA... at Yahoo! Answers Mark as irrelevant Undo

For DC comic fans: I don't want to read the infinite crisis SO what happened to Nightwing?

I'm a poor student and a big Nightwing fan. Someone please fill me in on what happened during the infinite crisis. I'm totally bummed that the more recent "year later" comics don't have him communicating with the bat family at all. All I know...

Answer:

I don't really know.... the whole one year later thing made me kinda angry.... (but 52 is pretty good...

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whoknows... at Yahoo! Answers Mark as irrelevant Undo

Answer:

Book: The Big Short.  Film: Margin Call. Simple explanation: none really, but many powerful people were...

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Richard Treitel at Quora Mark as irrelevant Undo

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