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During the 2008 financial crisis, several major banks were found to have contributed to the economic downturn. Some of the key banks involved included Lehman Brothers, Bear Stearns, Citigroup, and Bank of America. These banks engaged in risky lending practices and investments that ultimately led to the collapse of the housing market and the broader financial system.

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Terms best describes government involvement in the form of financial assistance to crisis-stricken banks and businesses?

Bailout A+


Why did the financial crisis occur in 2008?

why financial crisis occur why financial crisis occur


Who is responsible for managing the supply of money as well as regulating the nation's banks and other financial institutions?

Federal Reserve


Where did the global financial crisis start?

The origin of the Financial crisis was in the United States.


What southern European country is experiencing a financial crisis 2012?

Greece is the country in southern Europe that is having the biggest financial crisis in 2012. To a lesser extent Italy, Spain and Portugal also are having a financial crisis, but not as bad as Greece.Greece is the country in southern Europe that is having the biggest financial crisis in 2012. To a lesser extent Italy, Spain and Portugal also are having a financial crisis, but not as bad as Greece.Greece is the country in southern Europe that is having the biggest financial crisis in 2012. To a lesser extent Italy, Spain and Portugal also are having a financial crisis, but not as bad as Greece.Greece is the country in southern Europe that is having the biggest financial crisis in 2012. To a lesser extent Italy, Spain and Portugal also are having a financial crisis, but not as bad as Greece.Greece is the country in southern Europe that is having the biggest financial crisis in 2012. To a lesser extent Italy, Spain and Portugal also are having a financial crisis, but not as bad as Greece.Greece is the country in southern Europe that is having the biggest financial crisis in 2012. To a lesser extent Italy, Spain and Portugal also are having a financial crisis, but not as bad as Greece.Greece is the country in southern Europe that is having the biggest financial crisis in 2012. To a lesser extent Italy, Spain and Portugal also are having a financial crisis, but not as bad as Greece.Greece is the country in southern Europe that is having the biggest financial crisis in 2012. To a lesser extent Italy, Spain and Portugal also are having a financial crisis, but not as bad as Greece.Greece is the country in southern Europe that is having the biggest financial crisis in 2012. To a lesser extent Italy, Spain and Portugal also are having a financial crisis, but not as bad as Greece.Greece is the country in southern Europe that is having the biggest financial crisis in 2012. To a lesser extent Italy, Spain and Portugal also are having a financial crisis, but not as bad as Greece.Greece is the country in southern Europe that is having the biggest financial crisis in 2012. To a lesser extent Italy, Spain and Portugal also are having a financial crisis, but not as bad as Greece.

Related Questions

What is the difference between a financial crisis and an economic crisis and which of both affects the other most?

A financial crisis is when wall street and the banks are failing. An economic crisis is when there is high unemployment or a recession.


Terms best describes government involvement in the form of financial assistance to crisis-stricken banks and businesses?

Bailout A+


Why did the financial crisis occur in 2008?

why financial crisis occur why financial crisis occur


What has the author M Dewatripont written?

M. Dewatripont has written: 'Balancing the banks' -- subject(s): Financial crises, State supervision, Government policy, Global Financial Crisis, 2008-2009, Banks and banking, History


What does bail out banks mean?

A bail out can be considered as a financial help that was given/provided to almost all banks in the United States during the financial crisis a few years ago. Because of the economic crisis, more than 100 banks declared bankruptcy. To avoid further banks from failing, the government of the United States created a bailout plan through which the Federal Reserve granted financial help accounting to hundreds of billions of dollars to banks across the country. The banks used this money to stabilize their positions and are slowly repaying the Federal Reserve the money they got from them


What is the financial bailout package crisis?

There is no such crisis as the financial bailout package crisis. the bailout was created to overcome the financial crisis.


What has the author John Authers written?

John Authers has written: 'The European financial crisis' -- subject(s): Monetary policy, Global Financial Crisis, 2008-2009, Economic conditions, Banks and banking 'The fearful rise of markets' -- subject(s): Global Financial Crisis, 2008-2009, Financial crises, Capital market, History 'The fearful rise of markets' -- subject(s): Global Financial Crisis, 2008-2009, Financial crises, Capital market, History


What does a cfo do in a bank?

The corporate financial officer is responsible for setting the financial agenda for the organization. They help determine business practices and policies for banks.


What are the exact dates of the 2008 financial crisis?

There is no exact date for the 2008 financial crisis. A financial crisis is a series of mishaps that happen together to cause a crisis.


What are the current problems facing banks?

Banks are emerging from one of the worst financial crisis in 80 years. Current problems facing banks are tighter regulation, an overhang of debt in the west, and the immense growth in emerging global economies.


Did people of Jewish descent cause the financial crisis?

There are certainly Jews in banking, but it would be preposterous to say that "Jews" caused the financial crisis. The banks in aggregate caused the financial crisis and Jewish bankers and non-Jewish bankers are equally culpable for creating this fiasco in proper proportion to their activities concerning the creation of subprime mortgages, mortgage-backed securities, and fraudulent practices.


Who is responsible for managing the supply of money as well as regulating the nation's banks and other financial institutions?

Federal Reserve