Timeline of sub-prime crisis
moneyrelations :: Jan.16.2008
I’m out of town for the next couple of days but I’ll have my trusty laptop with me. Before I leave, I thought I’d share an interesting article I found on the BBC website about the timeline of the sub-prime crisis.
It started back in February 2007. Almost two quarters later, the words sub-prime and ABCP became a regular part of our financial vocabulary.
Financial experts often say that we don’t know we’re in a recession until we are already in one. I wonder how long it will take the Americans to figure that out, and the recovery as well?
In the news ::
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I found your site on technorati and read a few of your other posts. Keep up the good work. I just added your RSS feed to my Google News Reader. Looking forward to reading more from you.
Aaron Wakling
I also believe that “sub-prime” was voted “word of 2007″…
“The American Dialect Society favoured “subprime” over “facebook”, “water-boarding” and “Googleganger” at its annual convention Friday in Chicago.”
Huh, interesting. I looked up the article because I had no idea what waterboarding or Googleganer was.
Subprime wins hands down
Thanks, Paul
I thought ‘w00t’ as the word of 2007 was a much more uplifting choice..
@ Aaron
Sorry about your comment getting caught in Askimet. I really appreciate your support!
@ Adil
You can use that as a write in for 2008