Financial crisis of 2007–2008

URI: https://gptkb.org/entity/Financial_crisis_of_2007–2008

GPTKB entity

Statements (79)

Predicate	Object
gptkbp:instanceOf	economic crisis
gptkbp:affects	gptkb:Lehman_Brothers gptkb:Merrill_Lynch gptkb:AIG gptkb:Bank_of_America gptkb:Citigroup gptkb:Royal_Bank_of_Scotland gptkb:Fannie_Mae gptkb:Freddie_Mac gptkb:Bear_Stearns gptkb:Northern_Rock Icelandic banks
gptkbp:alsoKnownAs	gptkb:Great_Recession gptkb:Global_Financial_Crisis
gptkbp:cause	gptkb:credit_default_swaps subprime mortgage crisis housing bubble complex financial products excessive risk-taking by banks securitization failure of credit rating agencies financial deregulation global imbalances
gptkbp:consequence	gptkb:Basel_III gptkb:Dodd-Frank_Act gptkb:Eurozone_crisis bank failures global recession high unemployment increased regulation austerity measures government interventions loss of household wealth
gptkbp:endDate	2008
https://www.w3.org/2000/01/rdf-schema#label	Financial crisis of 2007–2008
gptkbp:location	gptkb:Europe gptkb:United_States worldwide
gptkbp:notablePerson	gptkb:Angela_Merkel gptkb:Barack_Obama gptkb:Ben_Bernanke gptkb:George_W._Bush gptkb:Gordon_Brown gptkb:Henry_Paulson gptkb:Joseph_Stiglitz gptkb:Paul_Krugman gptkb:Raghuram_Rajan gptkb:Timothy_Geithner gptkb:Warren_Buffett gptkb:Mario_Draghi gptkb:Alan_Greenspan gptkb:Robert_Rubin gptkb:Nouriel_Roubini gptkb:Bernie_Madoff gptkb:Richard_Fuld gptkb:Christine_Lagarde gptkb:Jamie_Dimon gptkb:Jean-Claude_Trichet gptkb:Mervyn_King gptkb:Lloyd_Blankfein gptkb:John_Thain gptkb:Vikram_Pandit gptkb:Dick_Fuld gptkb:Fred_Goodwin gptkb:Hank_Paulson
gptkbp:relatedEvent	gptkb:Great_Depression gptkb:European_debt_crisis gptkb:COVID-19_recession
gptkbp:significantEvent	gptkb:stock_market_index global recession bank bailouts collapse of Lehman Brothers foreclosures rise in unemployment housing market crash
gptkbp:startDate	2007
gptkbp:bfsParent	gptkb:Wall_Street_Crash_of_1929 gptkb:stock_market_crash_of_1929
gptkbp:bfsLayer	5