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Global Financial and Economic Crisis 2007-2009

302 events in this timeline

Open-Content investigative project managed by KJF, blackmax, 99PercentPure

This is the home page for the Global Financial and Economic Crisis 2007-2009 investigative project, one of several grassroots investigations being hosted on the History Commons website. The data published as part of this investigation has been collected, organized, and published by members of the public who are registered users of this website.

Showing 1–50 of 302

  1. 1932-07-22 May 25-July 22, 1932: Federal Home Loan Bank Act Creates S&L System to Lower the Cost of Home Ownership
  2. 1933-03-13 March 13, 1933: Roosevelt Promises Action on Depression-Stricken Economy
  3. 1934-06-27 June 27, 1934: FSLIC Is Formed to Administer Deposit Insurance for S&L Institutions
  4. 1971-08-14 August 14, 1971: OPEC Seeks Larger Share in Oil Companies’ Profits
  5. 1971-08-15 August 15, 1971: Nixon Takes US Dollar off Gold Standard
  6. 1971-08-17 August 17, 1971: Under Secretary of Treasury Volcker Received in Paris as Special Envoy of President Nixon
  7. 1971-08-25 August 25, 1971: Former IMF Director Calls for International Reserve Settlement Account
  8. 1973-05-21 May 21, 1973: Senator Fulbright Warns of War in the Middle East, an Oil Embargo, and Future Terrorism
  9. 1973-10-17 October 17, 1973: OPEC Declares an Embargo against Oil Exports to the US and the Netherlands
  10. 1980-04-01 April 1, 1980: President Carter Signs the ‘Depository Institutions Deregulation and Monetary Control Bill’ into Law
  11. 1982-05-11 May 11, 1982: ’Net Worth Guarantee Act’ Gets House Committee Backing
  12. 1982-05-14 May 14, 1982: Senator Garn Introduces Bill in Reply to Representative St. Germain’s ‘Net Worth Guarantee Act’
  13. 1982-10-15 May 4-October 15, 1982: ’Garn-St. Germain Depository Institutions Act’ to Revitalize Housing Industry Becomes Law
  14. 1999-11-05 November 5, 1999: Congress Passes Landmark Bill Repealing the Glass-Steagall Act; Dissenting Lawmakers Voice Warnings over Easing of Bank Rules
  15. 2001-09-22 September 22, 2001: Bush: Al-Qaeda ‘Target[ing]’ US Economy, Promotes Tax Cuts
  16. 2001-09-27 September 27, 2001: Bush Tells Americans to Fly to Disney World and ‘Enjoy Life’
  17. 2001-10-03 October 3, 2001: Bush, Giuliani Say Americans Can Help by Going on Vacation, Spending Money
  18. 2002-12-24 December 24, 2002: Bureau of Labor Statistics Stops Reporting Factory Closings, Mass Layoffs
  19. 2004-11-15 November 15, 2004: Greece Admits Data Falsified to Enable Euro Entry
  20. 2004-12-16 December 16, 2004: White House Readies Massive PR Campaign to Sell Proposed Privatization of Social Security
  21. 2005-02-03 February 3-4, 2005: Bush, Fox News Falsely Claim that FDR Wanted to Privatize Social Security
  22. 2005-03-29 March 29, 2005: Greek Government Raises Tobacco and Alcohol Taxes to Combat Budget Deficit
  23. 2006-07-09 July 9-10, 2006: Potential 2008 Presidential Candidate Lists Federal Programs, Agencies He Would Eliminate, Including Social Security, Federal Reserve
  24. 2006-12-20 December 20, 2006: Bush: Americans Can Grow the Economy by ‘Shopping More’
  25. 2007-07-25 July 25, 2007: Soon-to-Fail Northern Rock Announces Good Results
  26. 2007-08-09 August 9, 2007: AIG Says No Problem with Subprime Mortgage Holdings
  27. 2007-08-14 August 14, 2007: Bank of England Alerted to Problems at British Mortgage Giant Northern Rock
  28. 2007-08-16 August 16, 2007: Bank of England Asked about Supporting Mortgage Giant Northern Rock
  29. 2007-08-29 August 29, 2007: British Chancellor Informed of Problems at Mortgage Giant Northern Rock
  30. 2007-09-04 September 4, 2007: London Interbank Rate Hits Nine-Year High
  31. 2007-09-12 September 12, 2007: Governor Says Bank of England May Give Banks Emergency Loans
  32. 2007-09-13 September 13, 2007: News of Northern Rock’s Financial Difficulties Breaks
  33. 2007-09-14 September 14, 2007: Run on Northern Rock Begins; Queues Form Outside Branches
  34. 2007-09-17 September 17, 2007: British Chancellor Issues Government Guarantee for All Savings in Troubled Bank Northern Rock
  35. 2007-09-19 September 19, 2007: Bank of England Announces Plan to Pump Money into Banking System
  36. 2007-09-20 September 20, 2007: Bank of England Defends Handling of Northern Rock Crisis
  37. 2007-09-25 September 25, 2007: Northern Rock Cancels Dividend, Announces Talks with Potential Buyers
  38. 2007-10-01 October 1, 2007: British Government Extends Guarantee for Savings Deposited with Banks and Building Societies
  39. 2007-10-09 October 9, 2007: Head of British Financial Regulator Says He Did Not Expect Trouble at Northern Rock
  40. 2007-10-09 October 9, 2007: British Government Extends Guarantee for Savers with Troubled Bank Northern Rock
  41. 2007-11-08 November 8, 2007: AIG Stocks Hit New Low in Response to Third Quarter Earnings
  42. 2007-11-14 November 14, 2007: AIG Announces Stock Repurchase
  43. 2007-11-16 November 16, 2007: Troubled British Lender Announces Resignation of Chief Executive
  44. 2007-11-26 November 26, 2007: Troubled British Bank Announces Preferred Bidder
  45. 2007-12-05 December 5, 2007: AIG Boss Says Housing Losses ‘Manageable’
  46. 2007-12-07 December 7, 2007: Bidder with Banking Experience Enters Race for Troubled Northern Rock, But Will Later Pull Out
  47. 2007-12-12 December 12, 2007: Troubled British Lender Dropped from FTSE 100
  48. 2007-12-25 December 25, 2007: Singapore Government Company Buys Major Stake in US Bank
  49. 2007-12-25 Shortly Before December 25, 2007: Shareholder in Troubled British Bank Threatens Government with Legal Action
  50. 2008-01-04 January 4, 2008: British Chancellor Proposes Giving More Power to Financial Regulator