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The 2008 Crash: What Happened to All That Money?

September 14, 2018 in History

By Eric Rauchway

A look at what caused the worst economic crisis since the Great Depression.


A trader works on the floor of the New York Stock Exchange on September 15, 2008 in New York City. In afternoon trading the Dow Jones Industrial Average fell over 500 points as U.S. stocks suffered a steep loss after news of the financial firm Lehman Brothers Holdings Inc. filing for Chapter 11 bankruptcy protection.

The warning signs of an epic and The Money Makers. He teaches at the University of California, Davis, and you can find him on Twitter @rauchway.

History Reads is a weekly series featuring work from Team History, a group of experts and influencers, exploring history’s most fascinating questions.

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Source: HISTORY

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