29
/it/
it
AIzaSyAYiBZKx7MnpbEhh9jyipgxe19OcubqV5w
April 1, 2024
Creare
Public Timelines
Biblioteca
FAQ
For education
Cabinet
For educational institutions
For teachers
For students/pupils
Scaricare
Export
Creare una copia
Integrare nel sito Web
Modificare
Visualizzazioni 6766
0
0
Big Short Timeline
è stata creata
Matthew Brtek
⟶ è stato aggiornato 7 dic 2017 ⟶
List of edits
Commenti
Eventi
First Mortgage Derivative Created
First CDO created by Drexel
Fannie Mae begins extending home ownership to sub-prime customers
Fannie discloses a $8.3 billion holding of "expanded approval" loans
Emergency Economic Stabilization Act of 2008
U.K. announces Bank Rescue Package
Glass-Steagall Act Repealed
Largest daily recorded loss in Stock Market history
S&P down 11.88%, Burry +55%
Dodd-Frank Act
Burry bought first CDS, buying $60m in insurance from Deutsche
Over half a trillion dollars in subprime mortgages
First corporate CDS by JP Morgan
Eisman and Lippmann meet
AIG gets involved
Lippmann joins party in credit default swaps
Standard & Poor's announces change to mortgage bond rating
'For Sale' signs increase
Early 2003, Cornwall Capital is formed
Cornwall tries to buy swaps on AA CDOs
Las Vegas Conference
DJIA closes above 14,000
2,200,000 foreclosures were filed in 2007, more than 1% of US homes
3,000,000 foreclosures by end of 2008
Almost 4,000,000 by 2009
Largest U.S. subprime lender, files for chapter 11 bankruptcy
Ben sold Cornwall's position 80:1
Burry began to unload his position
Frontpoint ended 2007 doubling their fund, to $1.5 billion
Lehman Brothers files bankruptcy
Merrill Lynch sold to Bank of America
First mortgage back CDO created by Credit Suisse
Periodi
Fannie Mae investigates CEO
Homeownership steady at 63%
Scion Capital operates under Michael Burry
25+ subprime lenders declare bankruptcy