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

2008 worldwide financial crisis.

(Date: 7/23/2010 - 45 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:

Seven of 91 banks fail European stress tests This story's sentiment has been rated as being negative.     
MSNBC.com: Top msnbc.com headlines - 7/23/2010 9:32 AM - [direct link]
Markets were on alert Friday, as European regulators published their investigation into the financial health of Europe's banking sector. Stress - Mental Health - Health - Business - Support ... (1 first ranks, 33%, 1 second ranks, 33%)
Bailed-out banks overpaid execs - washingtonpost.com - Today's Highlights - [direct link]
Pay czar: 17 bailed-out banks overpaid executives - Boston.com -- Latest news - [direct link]
all 3 news articles »

Bank Failures Top 100 for '10  (2 future stories)     
WSJ.com: What's News US - 7/23/2010 4:47 PM - [direct link]
Regulators closed six more banks around the country, marking the second consecutive year that more than 100 financial institutions have collapsed. (1 first ranks, 33%)
TARP pay czar criticizes big bank bonuses but won't seek refund of bailout money - Los Angeles Times - Top News - [direct link]
Man decked out in Darth Vader mask robs NY bank - Boston.com -- Latest news - [direct link]
all 3 news articles »

General Electric raises dividend by 20 percent This story's sentiment has been rated as being positive. (1 future stories)     
msnbc.com: Business - 7/23/2010 10:47 AM - [direct link]
General Electric Co moved to raise its dividend by 20 percent Friday, in a sign that the largest U.S. conglomerate has put the worst of the financial crisis behind it.
GE raises quarterly dividend 20 percent - Boston.com -- Latest news - [direct link]
all 2 news articles »
 
Other stories:

Forbes: Texans 10th most valuable sports franchise This story's sentiment has been rated as being positive.

     
chron.com Chronicle
- date posted: 7/23/2010 9:27 PM - 44 days ago - date added: 7/23/2010 9:46 PM - 44 days ago - Evening - 2 rank
- [direct link]
The Texans' exalted financial status reflects the almighty power of the NFL, football's cherished place in Texas' culture, the largesse of Harris County taxpayers and the kismet of showing up at the ...

A.I.G. Failure Would Have Cost Goldman Sachs, Documents Show This story's sentiment has been rated as being positive.

     
NYT > Business
- date posted: 7/23/2010 7:44 PM - 45 days ago - date added: 7/23/2010 8:02 PM - 45 days ago - Evening - 14 rank
- [direct link]
Goldman had contended that credit insurance it bought from financial institutions would have protected it.

Talking Business: Borrowers Suffer From the Tyranny of the Credit Score This story's sentiment has been rated as being negative.

     
NYT > Business
- date posted: 7/23/2010 5:40 PM - 45 days ago - date added: 7/23/2010 6:02 PM - 45 days ago - Evening - 30 rank
- [direct link]
Since the financial crisis, a borrower’s FICO score has become the only thing that matters to mortgage underwriters.

Feinberg: Unfair to Ask Firms to Return Payouts This story's sentiment has been rated as being positive.

     
WSJ.com: What's News US
- date posted: 7/23/2010 12:00 PM - 45 days ago - date added: 7/23/2010 9:17 AM - 45 days ago - Morning - 4 rank
- [direct link]
The U.S. pay czar declined to request that 17 financial firms that doled out $1.6 billion in "ill advised" executive compensation return the payouts.

Financial reform law includes big cash incentives for whistle-blowers This story's sentiment has been rated as being positive.

     
Los Angeles Times - Top News
- date posted: 7/23/2010 12:00 AM - 45 days ago - date added: 7/23/2010 8:32 AM - 45 days ago - Morning - 2 rank
- [direct link]
A little-known provision in the huge package extends to the private sector a concept long applied to government contracts.
The new financial reform law has what some lawyers call a secret weapon ...

Sweden's Skanska says Q2 profit tumbled This story's sentiment has been rated as being positive.

     
Boston.com -- Latest news
- date added: 7/23/2010 12:46 AM - 45 days ago - Night - 1 rank
- [direct link]
Swedish construction company Skanska AB says second-quarter net profits tumbled as sales figures experienced a steep fall due to the lingering effects of weak order bookings during the height of the ...
     
Future/spin-off stories

Affidavit confirms the identity of Hecker donor This story's sentiment has been rated as being positive.


 (future word: him $125000 earlier this year to help)      
StarTribune.com rss feed
- date added: 7/23/2010 5:46 PM - 45 days ago - Evening - 10 rank
- [direct link]
A brief affidavit signed by indicted former auto mogul Denny Hecker confirms previous media reports about the identity of the woman who gave him $125,000 earlier this year to help him out of a ...

Luxury condo tower in Century City is completed


 (future word: condominium tower expected to be, been completed after nearly six, after nearly six years of planning)      
Los Angeles Times - Top News
- date posted: 7/24/2010 12:00 AM - 44 days ago - date added: 7/23/2010 3:17 PM - 45 days ago - Afternoon - 2 rank
- [direct link]
Deluxe high-rise living is relatively new in Los Angeles, but more projects are targeting buyers in the top financial strata.
The Art Deco-inspired Century City condominium tower expected to be ...

Conrad Black ordered to stay in U.S. This story's sentiment has been rated as being positive.


 (future word: Florida prison Wednesday about 2, Wednesday about 2 years into his)      
chicagotribune.com -
- date posted: 7/22/2010 10:57 PM - 45 days ago - date added: 7/23/2010 11:17 AM - 45 days ago - Morning - 1 rank
- [direct link]
U.S. District Judge Amy St. Eve won't allow Conrad Black, the former owner of the Chicago Sun-Times, to return to his home in Canada until she has more information about his financial condition. He ...

Credibility Is Next Test This story's sentiment has been rated as being positive.


 (future word: Is Next Test Based, the exercise may nonethless help)      
WSJ.com: What's News US
- date posted: 7/23/2010 2:01 PM - 45 days ago - date added: 7/23/2010 11:02 AM - 45 days ago - Morning - 2 rank
- [direct link]
Based on initial reactions, few outside observers were buying into the idea that the European bank stress tests were rigorous. Yet the exercise may nonethless help calm the financial system.


A day ago:

Feinberg Says Bonuses Paid by Troubled Banks Were Unmerited This story's sentiment has been rated as being positive. (2 future stories)     
NYT > NYTimes.com Home - 7/22/2010 7:02 PM - [direct link]
Citigroup and Goldman Sachs are among the 17 companies that the special master for executive pay is expected to spotlight for making lavish payouts during the financial crisis. (1 first ranks, 33%, 1 second ranks, 33%)
Banks Paid $1.6 Billion in Excessive Bonuses, Official to Say - NYT > Business - [direct link]
all 3 news articles »

New York State Sues Bank of America and Merrill Over Merger This story's sentiment has been rated as being positive. (1 future stories)     
NYT > Business - 7/22/2010 5:47 PM - [direct link]
The state is trying to recoup pension fund losses that occurred when the bank took over Merrill Lynch at the beginning of the financial crisis.
Europe to go public with bank stress test results - Boston.com -- Latest news - [direct link]
all 2 news articles »
 
Other stories a day ago:

Scribbles Helped Scuttle AIG Probe

     
WSJ.com: What's News US
- date posted: 7/22/2010 8:10 PM - 46 days ago - date added: 7/22/2010 5:17 PM - 46 days ago - Evening - 4 rank
- [direct link]
Prosectors initially thought they had a strong case against Joseph Cassano, whose derivatives unit helped drag down AIG. How he escaped prosecution shows the complexity of the probes stemming from the ...

Pay Czar to Bash Payments This story's sentiment has been rated as being negative.

     
WSJ.com: What's News US
- date posted: 7/22/2010 6:55 PM - 46 days ago - date added: 7/22/2010 4:02 PM - 46 days ago - Afternoon - 6 rank
- [direct link]
A White House-appointed pay overseer will cite 17 financial firms for making more than $1 billion in "ill-advised" compensation payments during the height of the financial crisis.

Fiat Factory Is Test Case for Italian Workers and Economy This story's sentiment has been rated as being positive.

     
NYT > Business
- date posted: 7/22/2010 12:17 PM - 46 days ago - date added: 7/22/2010 2:03 PM - 46 days ago - Afternoon - 7 rank
- [direct link]
Fiat's efforts to make its workers more productive may signal whether Italians are willing to embrace the kind of change needed for Italy to skirt financial ruin and be more competitive.

US brushes off NKorean warning on military drills

     
Boston.com -- Latest news
- date added: 7/22/2010 2:02 PM - 46 days ago - Afternoon - 7 rank
- [direct link]
American officials on Thursday brushed aside North Korea's warning that new U.S. financial sanctions against the communist regime and the staging of military maneuvers off the Korean coast this ...

GM to buy AmeriCredit Corp. for $3.5 billion This story's sentiment has been rated as being positive.

     
Los Angeles Times - Top News
- date posted: 7/22/2010 8:04 AM - 46 days ago - date added: 7/22/2010 8:32 AM - 46 days ago - Morning - 2 rank
- [direct link]
The deal is seen as giving the automaker more lease and finance options. The acquisition fills a role once played by GMAC, which the company gave up as it ran into financial trouble.
General ...

Conn. teen says he was tricked into robbery try

     
Boston.com -- Latest news
- date added: 7/22/2010 8:32 AM - 46 days ago - Morning - 12 rank
- [direct link]
A 16-year-old bank robbery suspect in Connecticut says he was tricked into giving a teller a note demanding money. Bank robbery - United States - Connecticut - Financial ...

MSNBC.com: Top msnbc.com headlines

New jobless claims make sharp increase This story's sentiment has been rated as being positive.


 (future word: for the ninth annual Skid, claims jumped last week by the, most since February reversing a, sharp fall two weeks ago     
MSNBC.com: Top msnbc.com headlines
- date posted: 7/22/2010 5:35 AM - 46 days ago - date added: 7/22/2010 6:02 AM - 46 days ago - Morning - 6 rank
- [direct link]
New jobless claims jumped last week by the most since February, reversing a sharp fall two weeks ago. Jobless claims - Business - Insurance - Financial Services - Claims

Airlines bag big bucks


 (future word: ancillary revenues last year     
chicagotribune.com -
- date posted: 7/21/2010 6:08 PM - 47 days ago - date added: 7/22/2010 5:17 AM - 46 days ago - Morning - 3 rank
- [direct link]
United Airlines generated the greatest fee income of any carrier in the world: $1.9 billion in ancillary revenues last year
U.S. airlines are world-beaters when it comes to finding creative ways ...

AP-Univision poll: Hispanic financial worries deep This story's sentiment has been rated as being positive.

     
MSNBC.com: Top msnbc.com headlines
- date posted: 7/22/2010 12:32 AM - 46 days ago - date added: 7/22/2010 1:32 AM - 46 days ago - Night - 16 rank
- [direct link]
For Hispanics in America, the ravaged economy has been a personal nightmare. United States - Associated Press - Ethnicity - Hispanic and Latino - Business


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In pictures
7/22/2010
Hundreds of job seekers gather at the Los Angeles Mission for the ninth annual Skid Row Career Fair.
New jobless claims make sharp increase
 
 
Backstory
2008 worldwide financial crisis.
Status: Past (Latest stories)
Last update: 18 days ago
Date:
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Common words: banks, bailed-out, overpaid, czar, bank, 100, failures, 10, raises, dividend, 20, percent, pay
Region: Worldwide
Category: Economy
Date added: 12/8/2008
Updates: 11 (3,432)
Future/spin-offs stories: 7 (1,550)
Story count: Not in the last 14 days
Story change
from day before:
18 today, 14 before (up 28.57%)
Story rank/freshness: up 6 rank, 7 before
Timeline: Last seven days (303)
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