2008 Financial Crisis

  • Sandbox - AIG
  • COP – Congressional Oversight Panel
  • FCIC – FINANCIAL CRISIS INQUIRY COMMISSION
  • TARP – Troubled Asset Relief Program

 

  • (EESA) - Emergency Economic Stabilization Act
  • 2008 0316 - Bear Stearns collapse and merger with JPMorgan Chase
  • 2008 0914 -  Merrill Lynch was sold to Bank of America 
  • 2008 0915 - Lehman Brothers filed for Chapter 11 bankruptcy protection
    • Lehman Brothers - Long Term Capital Management hedge fund collapsed in 1998
  • 2008 0916 (Tuesday) -  AIG - the Federal Reserve provided an $85 billion two-year loan 
  • 2008 12/10-11 - Bernie Madoff tells sons, gets arrested next day.
  • 2011 0413 - GOV Report - Wall Street and the Financial Crisis: Anatomy of a Financial Collapse - 646p
    • Carl Levin, Chairman and Tom Coburn, Ranking Minority Member
  • 2009 - SOA -The Financial Crisis and Lessons for Insurers, Society of Actuaries - 94p