2007

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    The financial crisis of 2007-2009, started with the United States housing market. The crisis damaged the economy so bad, that it not only caused a crisis in the US, but across the globe. Indicators of the emerging problems came in early 2007 when, first, the Federal Home Loan Mortgage Corporation (commonly known as Freddie Mac or Freddie) announced it would no longer purchase high-risk mortgages and, second, New Century Financial Corporation – a leading mortgage lender to riskier customers –…

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    The articles, “Ten years on; International banking”, “When the music stopped; A brief history of the crisis” and “The millennial problem; Recruitment” by The Economist, were all very insightful into the 2007 financial crisis. It’s crazy to think that over a decade has passed and the country still has not fully recovered. Prior to reading these articles, I knew very little about the financial crisis and all its consequences. I was aware the financial crisis was due to banks lending out loans to…

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    Target received red flags right before the actual attack. Due to common cyber crimes target was already aware of the threats that happen so they installed $1.6 million malware detection tool Fireeye. They also had a team of security specialists in Bangalore and Minneapolis who monitor its computers around the clock. Fire eye did its job and notified them on multiple occasions about the incident that’s going to happen; unfortunately security team appears to have made wrong call. "Based on their…

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    The 2007-2008 Recession experienced by the United States and later experienced by the rest of the world was caused by a handful of people. It was an inside job caused by individuals exploiting the deregulated environment. The greedy pursuit for profit of a few individuals left millions in financial despair. The sad reality is that this recession could have been avoided. Massive deregulation allowed for companies to exploit the economic system. Deregulation was in the works for decades. As…

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    crisis of 2007-2008 is easily recognized as one of the largest financial crises to have hit the international capitalist economy in the last hundred years (socialeurope.eu). Needless to say, the crisis was surely different from any other recent financial crises (socialeurope.eu). The crisis was the direct result of housing bubble burst, also known as the United states subprime mortgage crisis. The United States subprime mortgage crisis was a, nationwide banking emergency, occurring between…

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    The 2007 Great Recession was and economic decline that struck worldwide and varied from country to country, experts say this stared in the early 2000's and did not end until roughly about the 2010's. Experts also say that this was mainly due to the financial crisis of 2007-2008, which can also be referred to as the "global financial crisis" or the "2008 financial crisis". The financial crisis…

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    Introduction The financial crisis of 2007-2008 hit the United States hard. Many large financial institutions hovered near the edge of collapse, others tumbled to ruin, stock markets plummeted and housing markets suffered. Its aftershocks rippled across the globe, starting a four-year global economic recession, contributing to sovereign debt problems in the Eurozone and stunting international trade. However, perhaps the most acute effects of the crisis were felt by your everyday Jane Does and…

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    Data For the purpose of this analysis, I choose to use the World Bank 2007 data to come up with a detailed conclusion. I used 32 different countries scattered throughout the world in my analysis, to provide an unbiased result. Three relevant variables were chosen to be analyzed and discussed later on in this section. These variables as mentioned earlier include foreign direct investments, agriculture and industry. The graph provided below is a summary statistic of the three variables in thirty…

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    The Great Depression and the Financial crisis of 2007-2009 are the most serious economic crisis in the world history. The comparative analysis shows the similarities and differences between this two crisis. The similarities: 1) The decline in GDP. According to the financial journals, during the Great Depression, the country GDP declined by almost 25%, in 1929 – from $103.6 billion to $76.5 billion in 1931. It happened because of the stock market crashes in 1929 (Shomai, H., Giblin, G., 2010).…

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    and it is harder for a female to be heard even if their perspective can result in having a great impact on society. However, in 2010 this figure has declined to 46.7 percent and is not expected to increase by 2018 (DOL 2011). The Great Recession of 2007-2010 affected men and women differently. Men lost more jobs than women in the recession but also experienced a steadier recovery. One in five women…

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