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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Tenchusatsu who wrote (674193)9/18/2012 1:08:13 PM
From: bentway3 Recommendations  Respond to of 1584324
 
Are you better off?

The Financial Crisis: This Day—September, 2008

Published: Monday, 28 Sep 2009 | 5:30 PM ET

By: CNBC.com

Unlike the stock market crash of 20 years ago, the drama of the US financial crisis of 2008 lasted for weeks, not days, and the brooding stress and compounded uncertainty of each passing day took months to dissipate.



    For much of September and October, fear and anticipation drove Wall Street and Washington, with one eyeing the other in a one-of-a-kind symbiotic exercise between commerce and government.

    Though it's too soon to describe the crisis as a distant memory, a year — and a very long one at that — as passed.



    With an economic recovery now in sight for many, a look back at the month that shook the world is more than appropriate.

    So, for the next 30 days, CNBC will give you a snapshot of each day in September, putting events and analysis in perspective.

    The Crisis — Day by Day:

    Sept. 30: Hope Holds—For A Change

    Sept. 29: The Dow Loses 777

    Sept. 28: Europe 'Contagion' Fear

    Sept. 27: 12th-Hour Deal

    Sept. 26: WaMu Shut Down

    Sept. 25: Prez Pushes Bailout

    Sept. 24: Stopping 'Total Carnage'

    Sept. 23: Buffett's Goldman Bet

    Sept. 22: Euphoria Fades, Fear Glows

    Sept. 21: Fed OKs Bank Changes

    Sept. 20: Congress' Big Saturday

    Sept. 19: Get Short Sellers

    Sept. 18: $700 Billion Solution

    Sept. 17: Fed Gets AIG Stake

    Sept. 16: The Great Uncertainty

    Sept. 15: Monday's Triple Trouble

    Sept. 14: BoFA Reaches Deal to Buy Merrill

    Sept. 13: The Lehman Deal

    Sept. 12: Frantic Friday

    Sept. 11: Lehman Spooks Sector

    Sept. 10: AIG, WaMu Anxiety

    Sept. 9: Lehman Plays Defense

    Sept. 8: False Dawn

    Sept. 7: To The Rescue

    Sept. 6: On The Brink

    Sept. 5: A Pretty Black Friday

    Sept. 4: White Knights And Bears

    Sept. 3: False Hope, Bad Omens

    Sept. 2: Lehman Looks to Deal

    Sept. 1: Storm Warning

    cnbc.com