answersLogoWhite

0

in US there was more supply of goods(product ) and less supply of money,due to shortage of money the value of product gose down and it cause less productation and unemployment.

User Avatar

Wiki User

16y ago

What else can I help you with?

Continue Learning about General History

Who was CEO of Lehman Brothers during its collapse in 2008?

The CEO of Lehman Brothers during its collapse in 2008 was Richard Fuld. He led the firm from 1994 until its bankruptcy on September 15, 2008, which was a significant event in the global financial crisis. Fuld's leadership and decisions during the subprime mortgage crisis have been widely scrutinized in the aftermath of the collapse.


How was the financial crisis in 2008 solved?

The 2008 financial crisis was addressed through a combination of government interventions, monetary policy changes, and financial reforms. Central banks, notably the Federal Reserve, implemented aggressive interest rate cuts and quantitative easing to inject liquidity into the economy. The U.S. government also enacted the Troubled Asset Relief Program (TARP), which provided funds to stabilize failing banks and financial institutions. Additionally, regulatory reforms, such as the Dodd-Frank Act, were introduced to increase oversight and prevent future crises.


What is the ticker symbol for Lehman Brothers?

The ticker symbol for Lehman Brothers Holding Incorporated was LEH but the company no longer exists after it was forced into bankruptcy during the financial crisis of 2008.


When did Lehman Brothers file for Bankruptcy?

Lehman Brothers filed for bankruptcy on September 15, 2008 after it could no longer function during the credit crisis of 2008. Other victims of the financial industry downturn have included Indymac, Bear Sterns, Fannie Mae, and Freddie Mac.


How could government regulations have prevented or mitigated the credit crisis of 2008?

Government regulations could have prevented or mitigated the credit crisis of 2008 by enforcing stricter oversight on mortgage lending practices, such as requiring more thorough credit assessments and limiting subprime loans. Additionally, tighter regulations on financial instruments like mortgage-backed securities would have reduced the risk associated with high levels of leverage and speculative investments. Implementing greater transparency requirements in the financial markets could have helped investors better understand the risks involved. Lastly, stronger capital requirements for banks would have provided a buffer against significant losses, promoting financial stability.

Related Questions

Why did the financial crisis occur in 2008?

why financial crisis occur why financial crisis occur


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.


Which committee would be formed to investigate possible causes of the financial crisis of 2008?

A committee similar to the Financial Crisis Inquiry Commission (FCIC) would be formed to investigate the possible causes of the financial crisis of 2008. The FCIC was a bipartisan commission created by Congress to examine the factors that led to the crisis and to provide recommendations to prevent similar events in the future.


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 were the main factors that led to the subprime mortgage crisis in 2008 and how did it impact the global economy?

The main factors that led to the subprime mortgage crisis in 2008 were risky lending practices, lax regulation, and a housing market bubble. This crisis impacted the global economy by causing a financial meltdown, leading to a recession, and triggering a domino effect that affected banks, businesses, and individuals worldwide.


How would you use deregulation in a sentence?

The process of deregulation caused the 2008 financial crisis.


What has the author Holly Dolezalek written?

Holly Dolezalek has written: 'The global financial crisis' -- subject(s): Global Financial Crisis, 2008-2009, Juvenile literature, Economic history


Which monetary policy tool was used in response to the financial crisis of 2008?

Open market operations.


What has the author Costas Lapavitsas written?

Costas Lapavitsas has written: 'Financialisation in crisis' -- subject(s): Global Financial Crisis, 2008-2009, Financial crises, Finance, International finance 'Social foundations of markets, money, and credit' -- subject(s): Capitalism, Credit, Economics, Marxian economics, Money, Sociological aspects, Sociological aspects of Economics 'Financialisation in crisis' -- subject(s): Global Financial Crisis, 2008-2009, Financial crises, Finance, International finance


What has the author Steen Thomsen written?

Steen Thomsen has written: 'An introduction to corporate governance' -- subject(s): Corporate governance 'Understanding the financial crisis' -- subject(s): Global Financial Crisis, 2008-2009


What role did subprime loans play in the 2008 financial crisis?

Subprime loans, which were high-risk mortgages given to borrowers with poor credit histories, played a significant role in the 2008 financial crisis. These loans were bundled together and sold as complex financial products, leading to a housing market bubble that eventually burst, causing widespread foreclosures and financial instability.


What happened on September 19 2008?

September 19, 2008 was a financial and banking crisis. Lehman Brothers failed, the government had to bail out AIG.