the financial crisis of 2008 was caused by
Financial crisis of 2007–2008 It began in 2007 with a crisis in the subprime mortgage market in the United States, and developed into a full-blown international banking crisis with the collapse of the investment bank Lehman Brothers on September 15, 2008.[5] Excessive risk-taking by banks such as Lehman Brothers helped to magnify the financial impact globally.[6] Massive bail-outs of financial institutions and other palliative monetary and fiscal policies were employed to prevent a possible collapse of the world financial system. The crisis was nonetheless followed by a global economic downturn, the Great Recession. The European debt crisis, a crisis in the banking system of the European countries using the euro, followed later.
Ä Ä (lower case ä) is a character that represents either a letter from several extended Latin alphabets, or the letter A with an umlaut mark or diaeresis.
Brian Moynihan Brian Thomas Moynihan (born October 9, 1959) is an American lawyer, businessman and the chairman and CEO of Bank of America. He joined the board of directors, following his promotion to president and CEO.[3][4][5]
Travis Van Winkle Travis Scott Van Winkle[1] (born November 4, 1982) is an American actor.[2]