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Backstories (Trend | Recent) › 2008 worldwide financial crisis. (Stories from yesterday | Future/spin-off stories)

2008 worldwide financial crisis.

(Date: 7/20/2010 - 48 days ago) View the latest stories >>

The 2008 worldwide financial crisis happened largely as a result of the United States mortgage crisis. The US government has bailed out some of the largest financial institutions in the US and other governments around the world have also taken similar measures to stem the damage it might cause to their economic stability.

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Most popular stories:

U.S. financial reform bill also targets 'conflict minerals' from Congo  (2 future stories)     
washingtonpost.com - Politics - 7/20/2010 11:47 PM - [direct link]
The financial regulation bill that President Obama will sign into law on Wednesday is supposed to clean up Wall Street. But an obscure passage buried deep in the 2,300-page legislation aims to ... (1 first ranks, 33%)
Watchdog: Financial system support up $700 billion - msnbc.com: Business - [direct link]
S.E.C. Pursuing More Cases Related to Financial Crisis - NYT > Business - [direct link]
all 3 news articles »

msnbc.com: Business
Obama choosing consumer chief "fairly quickly" This story's sentiment has been rated as being negative. (1 future stories)     
msnbc.com: Business - 7/20/2010 3:02 PM - [direct link]
U.S. President Barack Obama will move "fairly quickly" to choose a head for the new Bureau of Consumer Financial Protection, Deputy Treasury Secretary Neal Wolin said on Tuesday.
all 2 news articles »
 
Other stories:

Bill targets Congo atrocities This story's sentiment has been rated as being positive.

     
washingtonpost.com - Today's Highlights
- date posted: 7/21/2010 12:00 AM - 47 days ago - date added: 7/20/2010 10:02 PM - 47 days ago - Night - 4 rank
- [direct link]
Obscure passage in financial reform bill aims to transform a very different place from Wall Street. Congo - Wall Street - Africa - Democratic Republic of Congo - Shopping

Sara Lee Explores Bakery Sale This story's sentiment has been rated as being positive.

     
WSJ.com: What's News US
- date posted: 7/20/2010 8:34 PM - 48 days ago - date added: 7/20/2010 6:02 PM - 48 days ago - Evening - 7 rank
- [direct link]
Sara Lee is exploring a sale of its struggling North American fresh-bakery business and has asked its financial advisers to gauge the interest of potential buyers.

CMBS Market Rises From Ashes

     
WSJ.com: What's News US
- date posted: 7/20/2010 6:48 PM - 48 days ago - date added: 7/20/2010 4:47 PM - 48 days ago - Afternoon - 6 rank
- [direct link]
The commercial-mortgage-backed-securities market, a leading source of financing in commercial property until the financial collapse of 2008, is showing signs of life.

BP sells $7B in assets for cash

     
washingtonpost.com - Today's Highlights
- date posted: 7/20/2010 12:00 AM - 48 days ago - date added: 7/20/2010 3:17 PM - 48 days ago - Afternoon - 2 rank
- [direct link]
Sale moves company closer to goal of raising $10B to cover spill expenses, bolster financial position. BP - Business - Oil spill - Pakistan - Gulf of Mexico

Glaxo Settles Some Paxil Lawsuits This story's sentiment has been rated as being positive.

     
WSJ.com: What's News US
- date posted: 7/20/2010 11:52 AM - 48 days ago - date added: 7/20/2010 11:47 AM - 48 days ago - Morning - 16 rank
- [direct link]
GlaxoSmithKline settled certain lawsuits alleging its Paxil antidepressant caused birth defects in some users but didn't give financial details.

Hungary T-Bill Auction Disappoints This story's sentiment has been rated as being positive.

     
WSJ.com: What's News US
- date posted: 7/20/2010 8:07 AM - 48 days ago - date added: 7/20/2010 6:32 AM - 48 days ago - Morning - 9 rank
- [direct link]
Fresh warnings that Hungary's financial troubles may spread through the region came alongside a disappointing treasury-bill auction by the country's government debt agency.

MUFG Seeks New U.S. Target This story's sentiment has been rated as being positive.

     
WSJ.com: What's News US
- date posted: 7/20/2010 7:00 AM - 48 days ago - date added: 7/20/2010 4:32 AM - 48 days ago - Night - 13 rank
- [direct link]
Japan's Mitsubishi UFJ Financial Group is looking for another acquisition target int eh U.S. as it aims to be one of the top 10 commercial banks in the country, an executive said.

Sestak, Toomey play blame game on federal deficits This story's sentiment has been rated as being positive.

     
Philly.com News
- date posted: 7/19/2010 11:34 PM - 48 days ago - date added: 7/20/2010 12:17 AM - 48 days ago - Night - 2 rank
- [direct link]
U.S. Rep. Joe Sestak and former U.S. Rep. Pat Toomey, the Democrat and Republican running for U.S. Senate, agree that federal budget deficits are troubling financial problems.
     
Future/spin-off stories

Weakening recovery brings deja vu This story's sentiment has been rated as being positive.


 (future word: The US may avoid a, about the future     
Los Angeles Times - Top News
- date posted: 7/20/2010 4:21 PM - 48 days ago - date added: 7/20/2010 5:47 PM - 48 days ago - Evening - 1 rank
- [direct link]
The U.S. may avoid a double-dip recession, but Americans will probably feel like they did when the economy tanked: insecure, overwhelmed with financial pressures and pessimistic about the future. ...

Earnings and Revenue Decline at Goldman Sachs This story's sentiment has been rated as being negative.


 (future word: in the second quarter making, crisis in late 2008     
NYT > Business
- date posted: 7/20/2010 5:54 AM - 48 days ago - date added: 7/20/2010 6:32 AM - 48 days ago - Morning - 1 rank
- [direct link]
Earnings fell 83 percent in the second quarter, making it the worst quarter for Goldman Sachs since the depths of the financial crisis in late 2008.


A day ago:

Small Banks Avoid Overhaul's Sting This story's sentiment has been rated as being negative.     
WSJ.com: What's News US - 7/19/2010 8:02 PM - [direct link]
Small banks' lobbyists are pleased their clients sidestepped more-onerous regulation, or at least blunt the impact of potential changes in the financial regulation bill, from new rules on capital to ...
Greece says banks will pass stress tests - Boston.com -- Latest news - [direct link]
all 2 news articles »
 
Other stories a day ago:

Studies show promise in curbing AIDS in Africa


 (future word: For the first time in the)      
Los Angeles Times - Top News
- date posted: 7/19/2010 5:08 PM - 49 days ago - date added: 7/19/2010 6:17 PM - 49 days ago - Evening - 3 rank
- [direct link]
In one finding, the use of a microbicide is shown to reduce chances of HIV transmission in women by more than half. Another indicates that financial incentives can delay girls' sexual activity. ...

Democrats Mull Consumer Post Prospect This story's sentiment has been rated as being negative.


 (future word: the nation first consumer financial)      
WSJ.com: What's News US
- date posted: 7/19/2010 7:31 PM - 49 days ago - date added: 7/19/2010 5:17 PM - 49 days ago - Evening - 2 rank
- [direct link]
Democrats are tying themselves in knots over whether Obama should pick Harvard Law School Professor Elizabeth Warren to be the nation's first consumer financial regulator, an indication of the intense ...

David Lazarus: Spurned Chase cardholder deserves credit This story's sentiment has been rated as being negative.


 (future word: sued Chase after the bank, $4000 He may win a, couple of years as banks)      
Los Angeles Times - Top News
- date posted: 7/20/2010 12:00 AM - 48 days ago - date added: 7/19/2010 4:02 PM - 49 days ago - Afternoon - 4 rank
- [direct link]
Matthew Pinnavaia sued Chase after the bank closed his two business accounts and four personal accounts even though the balance on each card was no more than $4,000. He may win a $2-million ...

Zelizer: Why Obama has sunk in polls This story's sentiment has been rated as being negative.

     
CNN.com
- date posted: 7/19/2010 2:14 PM - 49 days ago - date added: 7/19/2010 2:02 PM - 49 days ago - Afternoon - 10 rank
- [direct link]
President Obama's supporters have been frustrated about the apparent paradox of this administration. With the recent passage of historic financial regulation legislation, many Democrats are having ...

Man wearing surgical mask, latex gloves robs bank This story's sentiment has been rated as being positive.


 (future word: America Branch Saturday morning jumped the)      
Boston.com -- Latest news
- date added: 7/19/2010 1:17 PM - 49 days ago - Afternoon - 1 rank
- [direct link]
A man wearing a surgical mask and medical-style latex gloves robbed a Central Falls bank. Police said the man entered the Bank of America Branch Saturday morning, jumped the counter and grabbed some ...

SEC may add 800 positions to carry out reform

     
msnbc.com: Business
- date posted: 7/19/2010 11:07 AM - 49 days ago - date added: 7/19/2010 11:17 AM - 49 days ago - Morning - 6 rank
- [direct link]
The top U.S. securities regulator will need to add about 800 new positions to carry out its part of the massive financial reform legislation, the head of the agency said in testimony to be delivered ...

Ex-judge takes mayoral duty in struggling RI city This story's sentiment has been rated as being positive.

     
Boston.com -- Latest news
- date added: 7/19/2010 10:32 AM - 49 days ago - Morning - 5 rank
- [direct link]
A retired judge who was given financial oversight of Central Falls has now taken over duties as mayor. Central Falls Rhode Island - Central Falls - United States - London - ...

Another View: Why No Restrictions on Leverage? This story's sentiment has been rated as being positive.

     
NYT > Business
- date posted: 7/19/2010 7:25 AM - 49 days ago - date added: 7/19/2010 9:48 AM - 49 days ago - Morning - 20 rank
- [direct link]
Ron Resnick, a co-founder of CounselWorks, argues that the financial regulatory overhaul fails to deal with a basic cause of the financial crisis: the enormous and risky overuse of leverage.

A New World Begins for Wall Street Oversight This story's sentiment has been rated as being negative.

     
NYT > Business
- date posted: 7/19/2010 9:00 AM - 49 days ago - date added: 7/19/2010 9:48 AM - 49 days ago - Morning - 18 rank
- [direct link]
White Collar Watch examines how the financial regulatory overhaul will expand the authority of the Securities and Exchange Commission and the Commodity Futures Trading Commission, the chief market ...

Investors Back New China Business News Outlets This story's sentiment has been rated as being positive.

     
NYT > Business
- date posted: 7/19/2010 6:11 AM - 49 days ago - date added: 7/19/2010 6:47 AM - 49 days ago - Morning - 6 rank
- [direct link]
Cai Business Indepth is aiming to become a major provider of reliable financial news and analysis about China, in English.

Rescued From Blight, Losing Their Grip This story's sentiment has been rated as being negative.

     
NYT > NYTimes.com Home
- date posted: 7/18/2010 11:10 PM - 49 days ago - date added: 7/19/2010 4:17 AM - 49 days ago - Night - 9 rank
- [direct link]
Hundreds of once-decrepit buildings relinquished by New York City are falling back into severe financial trouble.

Eurotunnel makes $58.5 million loss in first half


 (future word: loss in first half Eurotunnel, in the first half of this year because of)      
Boston.com -- Latest news
- date added: 7/19/2010 3:32 AM - 49 days ago - Night - 4 rank
- [direct link]
Eurotunnel SA on Monday reported a euro45 million ($58.5 million) loss in the first half of this year because of delayed insurance payouts from a 2008 fire in the tunnel it operates beneath the ...

Towns turn to school mergers

     
Boston.com -- Latest news
- date added: 7/19/2010 3:02 AM - 49 days ago - Night - 23 rank
- [direct link]
Under growing pressure from state officials, small public school systems across Massachusetts are discussing potential mergers, defying the state’s staunch tradition of local schools and ...


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In pictures
7/20/2010
Elizabeth Warren is one of the top candidates being considered by Obama to head the new Bureau of Consumer Financial Protection.
Obama choosing consumer chief "fairly quickly"
 
 
Backstory
2008 worldwide financial crisis.
Status: Past (Latest stories)
Last update: 18 days ago
Date:
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Common words: financial, Bill, Congo, minerals, targets, conflict, chief, consumer, fairly, Obama, sec, Pipeline, investigations
Region: Worldwide
Category: Economy
Date added: 12/8/2008
Updates: 10 (3,432)
Future/spin-offs stories: 5 (1,550)
Story count: Not in the last 14 days
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from day before:
15 today, 15 before (up 0%)
Story rank/freshness: up 5 rank, 8 before
Timeline: Last seven days (364)
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Num. of popular stories: 1
Num. of other stories: 13
Num. of future/spin-offs 5
 
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