Crisis 101
Examining the history of today's financial crisis: How risky mortgage lending fueled the housing market boom and subsequent collapse, in turn spurring more than $500 billion in losses at U.S. banks.Launch Narrated Slideshow »
Understanding the government's $700 billion plan to rescue the economy by buying up bad mortgage-related securities from troubled financial firms.View Graphic »
How the meltdown of the credit market is causing banks in the Washington area, around the nation and across the world to falter. Meanwhile, U.S. consumers express fear and uncertainty about the economy.
Track the daily developments of the crisis, as the U.S. government attempts to jump-start the economy amid increasing fears of a global recession.View Timeline »
From leverage to liquidity, a guide to understanding key financial terms and phrases.
View Glossary »
View Glossary »
By
Bob Greiner
|
October 9, 2008; 12:42 PM ET
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Crisis 101
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