Risky adjustable-rate mortgages and lack of oversight on mortgage securitization created a crisis of global proportions in 2007 and 2008 ... collapsing the global financial system and resulting ...

The Global Financial Crisis of 2007-2008 was widely blamed on the subprime crisis and its fallout, which led to the collapse of Lehman Brothers in 2008, with the US government forced to bail out ...

Kareem Serageldin, a managing director and trader at Credit Suisse Group, was the only Wall Street investment banking executive to go to jail for their role in the 2007-2008 financial crisis.

Ray Dalio, the founder of the hedge fund Bridgewater Associates, said he is "worried about something worse than a recession" ...

The Great Recession from 2007-09 saw GDP fall 4.3%, the biggest drop since the Great Depression. Deregulation in the 2000s and excessive risk by banks were major causes of the financial crisis.

$19.95 (cloth). If ever an event ought to have caused a profession to indulge in an orgy of self-doubt, it ought to have been the financial crisis of 2007–08. The world plunged into a deep recession ...

The tiny Nordic country of Iceland played an unlikely role in the global financial crisis of the late 00s ... Brothers declared bankruptcy in late 2007, the short term lending market dried ...

Dalio had previously anticipated the 2008 financial crisis. Bridgewater had warned in 2007 that "imbedded risks in the system are quite large" ahead of the eventual financial crisis. A few months ...