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Financial Crisis

302 events in this timeline

Showing 51–100 of 302

  1. 2008-01-11 January 11, 2008: Ailing British Lender Sells Some Assets to US Bank
  2. 2008-01-12 January 12, 2008: British Treasury Comes to Agreement with Future Head of Troubled Bank after Nationalization
  3. 2008-01-15 January 15, 2008: Shareholders in Troubled Northern Rock Allow Management to Negotiate Sale of Bank
  4. 2008-01-19 January 19, 2008: British Prime Minister Confirms Stricken Lender May Be Nationalized
  5. 2008-01-21 January 21, 2008: British Treasury Announces Plan to Convert Emergency Loans to Troubled Bank into Bonds; Plan Will Not Be Implemented
  6. 2008-01-26 January 26, 2008: British Lawmakers Criticize Financial Watchdog over ‘Systematic Failure of Duty’
  7. 2008-02-04 February 4, 2008: Two Bidders Submit Offers for Troubled British Lender; Neither Will Be Accepted
  8. 2008-02-07 February 7, 2008: Debts of Ailing British Bank Added to Government Accounts due to Bailout
  9. 2008-02-11 February 11, 2008: AIG Reveals Major Problem in Derivatives, Share Price Hit Hard
  10. 2008-02-12 February 12, 2008: British Government Says Troubled Bank Will Probably Be Nationalized
  11. 2008-02-14 February 14, 2008: Eliot Spitzer Accuses Bush Administration of Protecting Predatory Lenders
  12. 2008-02-17 February 17-18, 2008: Ailing British Mortgage Giant Is Nationalized
  13. 2008-02-22 February 22, 2008: Financial Website Warns of Icelandic Bank’s Instability, Bank Will Later Collapse
  14. 2008-02-28 February 28, 2008: AIG Halts Stock Buyback Program, in Response to Fourth Quarter Loss
  15. 2008-02-29 February 29, 2008: Head of AIG Unit Responsible for Losses Leaves Company
  16. 2008-03-15 March 15, 2008: US Federal Reserve: Bear Stearns ‘Too Big to Fail,’ Makes Billion-Dollar Bailout Loan
  17. 2008-03-19 March 19, 2008: Nationalized British Bank Announces Third of All Employees Will Be Laid Off
  18. 2008-03-26 March 26, 2008: British Financial Watchdog Admits Failures over Northern Rock Collapse
  19. 2008-03-31 March 31, 2008: Nationalized British Lender Announces Loss for Previous Year; Reveals Payoff for Former Boss
  20. 2008-04-02 April 2, 2008: Europen Union Announces Investigation into Nationalization of Troubled British Bank
  21. 2008-05-08 May 8, 2008: AIG Says Needs Additional Money to Protect against Writedowns
  22. 2008-05-08 May 8, 2008: Shareholders Launch Challenge to Nationalization of Troubled British Bank
  23. 2008-05-12 May 12, 2008: Former AIG CEO Says Company in ‘Crisis’
  24. 2008-05-12 May 12, 2008: Nationalized British Bank Reports Big Increase in Mortgage Arrears
  25. 2008-05-14 May 14, 2008: AIG Chief Gives Annual Shareholder Meeting Upbeat Message
  26. 2008-05-20 May 20, 2008: AIG Says It Needs to Raise More Money to Cover Potential Losses
  27. 2008-06-06 June 6, 2008: AIG Announces Regulatory Probe
  28. 2008-06-06 June 6, 2008: Conservative Radio Host: Homeless Citizens Should be Put in ‘Work Camps,’ Paid ‘Nothing’
  29. 2008-06-15 June 15, 2008: AIG Boss Replaced
  30. 2008-06-25 June 25, 2008: Leading British Bank Announces New Funding from Asia due to Losses on US Securities
  31. 2008-07-23 July 23, 2008: Final Member of Nationalized British Bank’s Old Board of Directors Leaves
  32. 2008-07-29 July 29, 2008: Singapore Company Increases Stake in Merrill Lynch
  33. 2008-08-05 August 5, 2008: Nationalized British Bank Announces Large Loss; Government to Inject Billions
  34. 2008-08-07 August 7, 2008: AIG Stock Suffers Steepest Decline Ever
  35. 2008-09-09 September 9, 2008: AIG Stocks Experience Steepest Fall Ever
  36. 2008-09-09 September 9, 2008: Talks on Korean Rescue of Lehman Brothers End
  37. 2008-09-12 September 12, 2008: Britain’s Third Largest Tour Operator Collapses
  38. 2008-09-14 September 14, 2008: Bank of America Strikes Deal to Buy Merrill Lynch
  39. 2008-09-14 September 14, 2008: Lehman Brothers Investment Bank Files Bankruptcy
  40. 2008-09-15 September 15, 2008: AIG Goes into Meltdown, Share Price Collapses
  41. 2008-09-15 September 15, 2008: US Taxpayers Reject $700 Billion Bailout of US Banks, Wall Street
  42. 2008-09-16 September 16, 2008: US Government Seizes Control of Insurer American International Group (AIG)
  43. 2008-09-18 September 18, 2008: AIG Boss Replaced Again
  44. 2008-09-22 September 22, 2008: Qatari Royal Buys Stake in Soon-to-Collapse Icelandic Bank
  45. 2008-09-29 September 29, 2008: Icelandic Government Takes Large Stake in Local Bank
  46. 2008-10-03 October 3, 2008: AIG Says It Will Sell Units to Repay Fed Loan
  47. 2008-10-03 October 3, 2008: Troubled Asset Relief Program (TARP) Bill Passes, President Bush Signs into Law
  48. 2008-10-06 October 6, 2008: Government of Iceland Guarantees All Deposits in Local Banks
  49. 2008-10-06 October 6, 2008: Trading in Major Icelandic Shares Suspended
  50. 2008-10-07 September 17-October 7, 2008: AIG Makes Payments on Credit Default Swaps