Financial crisis of 2007–2009

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* It may require general cleanup to meet Wikipedia's quality standards. Tagged since July 2009.Part of a series on:2007–2009 financial crisis
Major dimensions[show]

* Subprime mortgage crisis
* Subprime crisis impact timeline
* United States housing bubble
* 2000s energy crisis
* Late-2000s recession
* Automotive industry crisis of 2008–2009
* Financial Crisis Inquiry Commission

By country[show]

* Belgium
* Iceland
* Ireland
* Latvia
* Russia
* Spain
* Ukraine

Summits[show]
* 34th G8 summit (July 2008)
* 2008 G-20 Washington summit (November 2008)
* APEC Peru 2008 (November 2008)
* 2009 G-20 London Summit (April 2009)

Legislation[show]
* Banking (Special Provisions) Act 2008
* Economic Stimulus Act of 2008
* Emergency Economic Stabilization Act of 2008
* Housing and Economic Recovery Act of 2008
* Term Asset-Backed Securities Loan Facility
* Troubled Asset Relief Program (TARP)
* 2008 European Union stimulus plan
* 2008 United Kingdom bank rescue package
* China economic stimulus program
* China – Japan – South Korea trilateral meeting, 2008
* Anglo Irish Bank Corporation Act 2009
* American Recovery and Reinvestment Act of 2009
* Green New Deal

Company bailouts[show]
* American International Group (AIG) (US$150B)
* Citigroup
* Chrysler (US$4B)
* General MotorsCompany failures[show]
* New Century Financial Corporation
* American Freedom Mortgage
* American Home Mortgage
* Bernard L. Madoff Investment Securities LLC
* Charter Communications
* Lehman Brotherso Bankruptcy of Lehman Brothers
* Linens 'n Things
* Mervyns
* NetBank
* Terra Securitieso Terra Securities scandal
* Sentinel Management Group
* Washington Mutual
* Icesave
* Kaupthing Singer & Friedlander
* Yamato Life
* Circuit City
* Banco Privado Português
* Allco Finance Group
* Waterford Wedgwood
* Saab Automobile
* BearingPoint
* Tweeter
* Chryslero Chrysler Chapter 11 reorganization
* General Motorso General Motors Chapter 11 reorganization
Causes[show]
* Causes of the financial crisis of 2007–2009
Solutions[show]
* Subprime mortgage crisis solutions debate
* Regulatory responses to the subprime crisisv • d • eThe financial crisis of 2007–2009 has been called by leading economists the worst financial crisis since the Great Depression of the 1930s.[1] It contributed to the failure of key businesses, declines in consumer wealth estimated in the trillions of U.S. dollars, substantial financial commitments incurred by governments, and a significant decline in economic activity.[2] Many causes have been proposed, with varying weight assigned by experts.[3] Both market-based and regulatory solutions have been implemented or are under consideration,[4] while significant risks remain for the world economy over the 2010-2011 periods.[5]
The collapse of a global housing bubble, which peaked in the U.S. in 2006, caused the values of securities tied to real estate pricing to plummet thereafter, damaging financial institutions globally.[6] Questions regarding bank solvency, declines in credit availability, and damaged investor confidence had an impact on global stock markets, where securities suffered large losses during late 2008 and early 2009. Economies worldwide slowed during this period as credit tightened and international trade declined.[7] Critics argued that credit rating agencies and investors failed to accurately price the risk involved with mortgage-related financial products, and that governments did not adjust their regulatory practices to address 21st century financial markets.[8] Governments and central banks responded with unprecedented fiscal stimulus, monetary policy expansion, and institutional bailouts.