What cool things happened in 2008?
What cool things happened in 2008?
The U.S. economy faced the worst financial crisis since the Great Depression. The mortgage market collapsed, and the Dow Jones Industrial Average lost 33.8% of its value. General Motors and Ford Motor Company both reported record losses, and Lehman Brothers filed for bankruptcy.
What was going on in the world in 2008?
In 2008, the face of the global economy changed forever. Investment banks, the secondary credit market, and an unregulated financial market disappeared. 1 The central banks around the world propped up the financial system. In September of that year, America came very close to total economic collapse.
What was the top news story of the year 2008?
As part of our look back at the year that was, we asked broadcasters, editors, and correspondents representing the 20 countries and 28 languages in which RFE/RL broadcasts to vote on what they thought were the top news events of the year. What stories did they think had the biggest impact? Here are their choices for the Top 10 news stories of 2008.
When was the second month of February 2008?
February 2008 was the second month of that leap year. The month, which began on a Friday, ended on a Friday after 29 days.
Where was the plane crash in February 2008?
February 2008 was the second month of that leap year. The month, which began on a Friday, ended on a Friday after 29 days. This is an archived version of Wikipedia’s Current events Portal from February 2008. A small plane crashes at Mount Airy, North Carolina, resulting in the death of six passengers. (WSLS)
Where did the subprime mortgage crisis start in 2008?
And like the Great Depression, the 2008 version began in the United States, but soon spread around the world. Beginning with the subprime mortgage crisis of September, the situation soon escalated with the bankruptcy of the large investment bank Lehman Brothers.