This chapter details events in 2008 as the subprime crisis unfolded. These include the placement of Fannie Mae and Freddie Mac into conservatorship; the collapse of Lehman Brothers, which sent worldwide markets into a panic; enactment of the Emergency Economic Stabilization Act of 2008 (EESA), which included the $700 billion Troubled Asset Relief Program (TARP) that allowed Treasury to buy toxic assets from banks; and efforts of world leaders to gird the world economy.
Oxford Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.
If you think you should have access to this title, please contact your librarian.