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August 1, 2025
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dec 10, 2008 - Post Subprimes actions.

Description:

A global financial crisis begins as the stock market crashes. In response, U.S. President George W. Bush signs the revised Emergency Economic Stabilization Act into law to create a 700 billion dollar Treasury fund to purchase failing bank assets.

Added to timeline:

Date:

dec 10, 2008
Now
~ 16 years ago

Images: