FA: The Financial Crisis Fallout Ten years after the collapse of Lehman Brothers, the meltdown that started with the bursting of the U.S. housing bubble has had global repercussions. Follow the timeline. by James McBride
The financial meltdown that started with the bursting of the U.S. housing bubble had worldwide economic repercussions, including recessions, far-reaching regulations, and deep-seated political discontent. Track its buildup and aftermath. 1992 Affordable housing in Washington, DC. (Manuel Balce Ceneta/AP) New Rules for Fannie and Freddie Congress passes legislation that requires government-sponsored mortgage giants […]