What Was the Financial Crisis of 2007-2008? Causes, Outcomes & Lessons Learned

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Finance

Economy

Money

United States housing bubble

Mortgage industry of the United States

Subprime mortgage crisis

Structured finance

Mortgage-backed security

Fannie Mae

Financial crisis of 2007?2008

Subprime lending

Government-sponsored enterprise

United States

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Investment banks and the shadow banking industry could not raise funds from securities markets. A panic broke out, causing a selloff of “toxic debt” ...

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