Financial Crisis
302 events in this timeline
Showing 101–150 of 302
- 2008-10-07 October 7, 2008: Icelandic Government Takes Control of Two Local Banks
- 2008-10-08 October 8, 2008: Size of AIG Bailout Increased
- 2008-10-08 October 8, 2008: Icelandic Government Seizes Country’s Largest Bank
- 2008-10-08 October 8, 2008: Britain Uses Anti-Terrorism Legislation against Iceland
- 2008-10-10 October 10, 2008: AIG Criticized over Spending
- 2008-10-10 October 10, 2008: Republican Vice Presidential Candidate Calls Obama’s Economic Plans ‘Socialist’
- 2008-10-15 October 15, 2008: New York Attorney General Announces Probe of AIG
- 2008-10-15 October 15, 2008: Iceland Cuts Interest Rates from Record High
- 2008-10-20 October 20, 2008: New Banks Formed in Iceland
- 2008-10-22 October 22, 2008: AIG Boss Says Bailout May Not Be ‘Enough’
- 2008-10-28 October 28, 2008: Icelandic Central Bank Raises Interest Rate
- 2008-11-05 November 5-12, 2008: Experts Refute Conservatives’ Characterization of ‘Obama Recession’
- 2008-11-07 November 7, 2008: AIG Seeks Modification of Government Bailout
- 2008-11-10 November 10, 2008: Size of AIG Bailout Increased, Terms Softened
- 2008-11-10 November 10, 2008: New York Federal Reserve Creates Maiden Lane II and Maiden Lane III Holding Companies for AIG Bailouts
- 2008-11-10 November 10, 2008: Bloomberg News Sues Bush, Paulson for Failure to Reveal Recipients of $2 Trillion Taxpayer Loans
- 2008-11-18 November 18, 2008: Big 3 Auto Industry CEOs Request Urgent $25 Billion Bridge Loan, Testify that Industry Failure Would Be ‘Catastrophic’
- 2008-11-20 November 20, 2008: International Monetary Fund Approves Loan to Iceland
- 2008-11-25 November 25, 2008: AIG Sets CEO’s Salary at $1
- 2008-11-26 November 26, 2008: Icelandic Inflation Hits Record
- 2008-11-26 November 26, 2008: British Furniture Retailer Enters Administration, Will Later Collapse
- 2008-11-26 November 26, 2008: British Retailer Woolworths Goes into Administration
- 2008-11-26 November 26, 2008-January 9, 2009: Fannie Mae, Freddie Mac Suspend Foreclosures for Six Weeks
- 2008-12-01 December 1, 2008: AIG Agrees to Sell Asian Unit
- 2008-12-01 December 1, 2008: Analyst Forecasts Financial Industry May Cut $2 Trillion in Credit Card Lines
- 2008-12-02 December 2, 2008: AIG and Government Announce Agreement on Toxic Debt
- 2008-12-08 December 8, 2008: Conservative Pundits: Mainstream Media ‘Overstating’ Economic Crisis to Help Obama
- 2008-12-11 December 11, 2008: AIG Boss Says Company Will Repay ‘Every Single Penny’
- 2008-12-11 December 11, 2008: Prominent International Investor Calls Most Big US Banks ‘Totally Bankrupt’
- 2008-12-18 December 18, 2008: IMF Says Financial Stability of Iceland Has Improved
- 2008-12-22 December 22, 2008: AIG Sells Unit at Steep Discount
- 2008-12-31 October 1-December 31, 2008: China’s Growth Slows Sharply in Fourth Quarter 2008
- 2009-01-07 January 7, 2009: Washington Post Analyst Criticizes Regulator Nominated to Head Securities and Exchange Commission, Demands ‘Show Trials’
- 2009-01-11 January 11, 2009: Singapore Company Acquires Shares in Bank of America through Conversion
- 2009-01-20 January 20, 2009: Iceland Predicts Economy Will Contract by Nearly 10 Percent
- 2009-01-20 January 20, 2009: Roubini: President Obama Will Have to Use $1 Trillion to Shore Up Banking Sector
- 2009-01-21 January 21, 2009: Rating of AIG Unit Downgraded, Government Lending Cut
- 2009-01-22 January 22, 2009: Roubini, Parisi-Capone Estimate US Losses of $3.6 Trillion in Loans and Securities
- 2009-01-22 January 22, 2009: Losses Widen at Bank of America’s Merrill Lynch; Thain Forced to Quit
- 2009-01-23 January 23, 2009: Republican Falsely Claims Stimulus Bill Spends Four Times More on ‘Lawn Grass’ than on Small Business
- 2009-01-23 January 23, 2009: Iceland’s Prime Minister Calls Early Election
- 2009-01-25 January 25-26, 2009: Conservatives Attack Stimulus Bill for Spending on Contraceptives
- 2009-01-26 January 26, 2009: AIG Announces Plans to Sell Fund Management Business
- 2009-01-26 January 26, 2009: Government of Iceland Resigns
- 2009-01-26 January 26, 2009: British Newspaper Lists 25 of the People at Center of Global Economic Meltdown
- 2009-01-28 January 28, 2009: Global Unemployment Could Increase to 51 Million, Says International Labor Organization
- 2009-02-01 February 1, 2009: Michigan Investors Stage ‘Commemorative Tea Party’ to Protest Economic Policies
- 2009-02-01 February 1, 2009: New Government Formed in Iceland; Prime Minister Says Board of Central Bank Will Be Fired
- 2009-02-02 February 2, 2009: Wall Street Journal Editorial Board Member Calls Social Security ‘a Big Ponzi Scheme’
- 2009-02-05 February 5, 2009: Republican Leader Equates GOP Strategy with Taliban-Like ‘Insurgency’