Tag index

#Financial-Crisis

Events indexed under #Financial-Crisis — 35 entries in the record.

35 events From Jan 1, 1819 To Apr 9, 2025 Open in filter view →
Activity over time Events per year
1819 · 1 event1837 · 1 event1907 · 1 event1931 · 1 event1975 · 1 event1979 · 1 event1989 · 2 events1997 · 1 event1998 · 2 events1999 · 4 events2000 · 1 event2001 · 2 events2004 · 1 event2008 · 7 events2009 · 1 event2010 · 3 events2011 · 1 event2013 · 2 events2015 · 1 event2025 · 1 event18192025
DateEventLanesStatus
2025-04-09Trump Reverses Course with 90-Day Tariff Pause After Bond Market Crisis; China Excluded, Tariffs Escalate to 145% 8 src
Donald Trump · Scott Bessent · Howard Lutnick · Trump Administration
confirmed
2015-02-03S&P Settles for $1.375 Billion Over Fraudulent AAA Ratings on Junk Mortgage Securities, While Moody's Pays $864 Million, Exposing 'Issuer-Pays' Conflict of Interest Model Where 73% of 2006 AAA-Rated Securities Were Downgraded to Junk by 2010 3 src
Standard & Poor's · Moody's Investors Service · Fitch Ratings · Department of Justice · +1
confirmed
2013-03-06Holder Testifies Some Banks Are Too Big to Jail 3 src
Eric Holder · Department of Justice · JPMorgan Chase · Bank of America · +3
confirmed
2013-01-29DOJ Criminal Division Chief Lanny Breuer Resigns After PBS Frontline Documentary 'The Untouchables' Exposes 'Too Big to Jail' Policy Resulting in Zero Major Bank Executive Prosecutions Compared to 900+ Convictions in 1980s S&L Crisis 4 src
Lanny Breuer · Eric Holder · Department of Justice · Covington & Burling · +3
confirmed
2011-12-01GAO Audit Reveals Massive $16.1 Trillion in Secret Federal Reserve Crisis Loans 3 src
Federal Reserve · Ben Bernanke · Citigroup · Morgan Stanley · +5
confirmed
2010-04-16SEC Charges Goldman Sachs with Fraud Over ABACUS 2007-AC1 Synthetic CDO Deal Where Hedge Fund Manager John Paulson Selected Mortgage Securities to Bet Against While Goldman Sold Package to Investors, Resulting in $550 Million Settlement but No Criminal Charges 2 src
Goldman Sachs · Fabrice Tourre · John Paulson · Securities and Exchange Commission · +3
confirmed
2010-04-14Robo-Signing Scandal Exposed Systematic Foreclosure Document Fraud 3 src
Bank of America · JPMorgan Chase · Wells Fargo · Citigroup · +1
confirmed
2010-01-01Foreclosure Crisis Extracts $200 Billion in Black Household Wealth: Largest Destruction of Black Assets in American History 3 src
Wells Fargo · Countrywide Financial · Bank of America · JPMorgan Chase
confirmed
2009-01-20Obama Admin Prosecutes Zero Wall Street Executives Despite Crisis Fraud 3 src
Eric Holder · Department of Justice · Wall Street Banks · Lanny Breuer · +1
confirmed
2008-10-03Congress Passes $700 Billion TARP Bailout Without Criminal Accountability Provisions 3 src
Henry Paulson · Goldman Sachs · JPMorgan Chase · Bank of America · +4
confirmed
2008-10-03Emergency Economic Stabilization Act Creates $700 Billion Troubled Asset Relief Program (TARP) to Bail Out Wall Street Banks with Minimal Oversight or Executive Accountability Requirements, Leading to Just One Criminal Prosecution Compared to 900+ in 1980s Savings & Loan Crisis 4 src
Henry Paulson · George W. Bush · Ben Bernanke · Nancy Pelosi · +6
confirmed
2008-09-16Federal Reserve Provides $85 Billion Emergency Loan to AIG, Eventually Growing to $182 Billion in Total Taxpayer Commitments to Bail Out Insurance Giant That Gambled on Credit Default Swaps, Followed by $165 Million in Executive Bonuses Paid to Employees Who Caused the Crisis 3 src
American International Group · Federal Reserve · Ben Bernanke · Timothy Geithner · +3
confirmed
2008-09-15Lehman Brothers Files Largest Bankruptcy in U.S. History with $639 Billion in Assets After Government Refuses Bailout, Creating Arbitrary 'Too Big to Fail' Enforcement Where Bear Stearns and AIG Were Rescued But Lehman Was Allowed to Collapse, Triggering Global Financial Panic 2 src
Lehman Brothers · Richard Fuld · Henry Paulson · Ben Bernanke · +3
confirmed
2008-07-01Bank of America Completes $4 Billion Acquisition of Countrywide Financial After Predatory Lending and Fraud Schemes Targeting Minorities Caused $50 Billion in Losses, with CEO Angelo Mozilo Paying Only $67.5 Million SEC Settlement and Facing Zero Criminal Charges 4 src
Angelo Mozilo · Countrywide Financial · Bank of America · Securities and Exchange Commission · +2
confirmed
2008-03-16Bear Stearns Collapse and Federal Reserve-Facilitated Fire Sale to JPMorgan with $29 Billion Taxpayer Guarantee Establishes 'Too Big to Fail' Precedent with Zero Criminal Prosecutions Despite Fraud-Driven Collapse 3 src
Bear Stearns · JPMorgan Chase · Federal Reserve Bank of New York · Ben Bernanke · +3
confirmed
2008-01-01Shell companies spend $890M on Trump condos during financial crisis 7 src
Trump Organization · Anonymous shell companies · Delaware LLCs · British Virgin Islands corporations · +1
confirmed
2004-04-28SEC Implements Alternative Net Capital Rules for Major Investment Banks 3 src
Securities and Exchange Commission · Christopher Cox · William Donaldson · Goldman Sachs · +4
confirmed
2001-12-22Argentina Declares Largest Sovereign Default in History on $100+ Billion Debt After IMF Austerity Collapse 3 src
Adolfo Rodriguez Saá · International Monetary Fund · Fernando de la Rúa · Argentine creditors
confirmed
2001-12-01Argentina Imposes 'Corralito' Bank Account Freeze Under IMF Austerity, Triggering Mass Protests 3 src
International Monetary Fund · Fernando de la Rúa · Domingo Cavallo · Argentine Central Bank
confirmed
2000-12-21Clinton Signs Commodity Futures Modernization Act, Cementing Derivatives Deregulation 6 src
Bill Clinton · Lawrence Summers · Phil Gramm · Alan Greenspan · +1
confirmed
1999-11-05President's Working Group Recommends Exempting $80 Trillion Derivatives Market from Regulation 4 src
Lawrence Summers · Robert Rubin · Alan Greenspan · Arthur Levitt · +2
confirmed
1999-07-02Lawrence Summers Becomes Treasury Secretary, Accelerates Derivatives Deregulation Campaign 4 src
Lawrence Summers · Bill Clinton · Robert Rubin · U.S. Senate · +1
confirmed
1999-02-15Time Magazine Celebrates "Committee to Save the World" While They Block Derivatives Regulation 4 src
Robert Rubin · Lawrence Summers · Alan Greenspan · Time Magazine · +1
confirmed
1999-01-25IMF Concludes Comprehensive Structural Adjustment in Southeast Asia 3 src
International Monetary Fund · World Bank · Asian Governments · Multinational Corporations · +1
confirmed
1998-08-17Russia Defaults on Debt and Abandons Ruble Defense: Largest Sovereign Default in History Caps Decade of Economic Devastation 4 src
Boris Yeltsin · Sergei Kiriyenko · International Monetary Fund · Central Bank of Russia · +1
confirmed
1998-05-07Brooksley Born's Derivatives Regulation Warning Systematically Suppressed 4 src
Brooksley Born · Robert Rubin · Lawrence Summers · Alan Greenspan · +1
confirmed
1997-10-15IMF Imposes Radical Structural Adjustment on Indonesia 5 src
International Monetary Fund · Suharto Government · World Bank · McKinsey & Company · +1
confirmed
1989-08-09FIRREA Signed: $160 Billion Taxpayer Bailout of S&L Industry Fraud 4 src
George H.W. Bush · U.S. Congress · Resolution Trust Corporation · Federal Deposit Insurance Corporation
confirmed
1989-01-01S&L Industry Collapse: Over 1,000 Institutions Failed by 1989 3 src
Savings and Loan institutions · Federal Home Loan Bank Board · Federal Savings and Loan Insurance Corporation · Resolution Trust Corporation
confirmed
1979-10-06Volcker Shock - Federal Reserve Raises Rates to 20%, Recession Begins 3 src
Paul Volcker · Jimmy Carter
confirmed
1975-10-29Ford Refuses NYC Bailout, "Drop Dead" Headline, Austerity Era Begins 3 src
Gerald Ford · William Simon · Alan Greenspan · Donald Rumsfeld · +2
confirmed
1931-06-01Banking Crisis Accelerates with 2,300 Bank Failures in 1931 as Hoover Resists Federal Intervention 4 src
Herbert Hoover · Federal Reserve · American bankers · depositors
confirmed
1907-11-02Roosevelt Approves U.S. Steel Acquisition of Tennessee Coal & Iron During Panic, Exposing Reform Limits 3 src
Theodore Roosevelt · J.P. Morgan · Elbert H. Gary · Henry Clay Frick · +3
confirmed
1837-05-10Panic of 1837 Begins as Banks Refuse Specie Conversion, Triggering Five-Year Depression 6 src
Martin Van Buren · Andrew Jackson · New York banks · State banks · +1
confirmed
1819-01-01Panic of 1819 Erupts from Second Bank Speculation and Baltimore Branch Fraud 3 src
Second Bank of the United States · William Jones · Langdon Cheves · Baltimore branch directors
confirmed