The 2008 housing crisis crashed global markets, wiping out $2 trillion in U.S. home value. Subprime mortgages, bundled into toxic securities, triggered Lehman Brothers' $639B bankruptcy. Banks like Goldman Sachs earned $4B shorting the market, while 8M Americans lost homes. Government bailed out banks with $700B, fueling distrust and Occupy Wall Street. | Howtobeentrepreneur
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The 2008 housing crisis crashed global markets, wiping out $2 trillion in U.S. home value. Subprime mortgages, bundled into toxic securities, triggered Lehman Brothers' $639B
Howtobeentrepreneur. . The 2008 housing crisis crashed global markets, wiping out $2 trillion in U.S. home value. Subprime mortgages, bundled into toxic securities, triggered Lehman Brothers' $639B bankruptcy. Banks like Goldman Sachs earned $4B shorting the market, while 8M Americans lost homes. Government bailed out banks with $700B, fueling ...
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