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Boom, Bust & Blame -- The Inside Story of America's Economic CrisisBoom, Bust & Blame: The Inside Story of America's Economic Crisis
Explore the Timeline:
1
Greenspan's Cheap Money
2
The Great Housing Boom
3
Subprime Explosion
4
Inflating The Bubble
5
Warning Signs
6
Housing Market Decline
7
Banks Go Into Panic Mode
8
Financial Collapse
9
Global Recession
10
Massive Government Action
By The Numbers
Markets
Domestic and foreign markets rode the wave of global economic growth. But when the American housing market began to crumble, the Dow dropped drastically from its record high and the ripple effects were felt around the world.