Government Information

Earl Gregg Swem Library

The Financial Crisis in the U.S.: Key Events, Causes, and Responses

Categories: Business/Economics,Financial Crisis/Markets,Great Britain,Housing/Homelessness

http://www.parliament.uk/commons/lib/research/rp2009/rp09-034.pdf

Examines the emergence and collapse of the U.S. housing bubble and the significance of the complex financial instruments that transformed an asset price correction into a significant domestic and global economic downturn. Also looks at the policy responses of U.S. governing institutions and compares them with the United Kingdom where relevant. House of Commons Library Research Paper 09/34.