The Credit Crunch (ID: 502)
Sector:
Finance: Other
Job Title:
Global Financial Crisis
Country:
United Kingdom
Total Nominations:
445
Nominations Today:
1
SOS (redemption votes):
5
SOS Today:
0
Global KFO Rank:
=133
Images can be changed/removed upon request
KFO Profile
The financial crisis of 2007–2008, referred to in the media as "the credit crunch" or "the credit crisis", first became apparent on August 9, 2007, when a loss of confidence by investors in the value of securitized mortgages in the United States resulted in a liquidity crisis which prompted a substantial injection of capital into financial markets by the Federal Reserve and the European Central Bank.
This profile uses content from Wikipedia. The original article on The Credit Crunch can be viewed here. The text of Wikipedia is available under the GNU Free Documentation License.
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