Events of the Finacial Collapse By JordanDF Period: Jan 1, 2007 to Dec 31, 2008 Financial Collapse Apr 2, 2007 New Century Financial - Bankruptcy Subprime loan lender Aug 6, 2007 American Home Mortgage Investment - Bankruptcy Mortgage lender specializing in ARMs Jan 11, 2008 Bank of America - Countrywide Financial Deal Mar 16, 2008 JP Morgan Chase- Bear Stearns Deal Sep 7, 2008 Fannie Mae and Freddie Mac Takenover Sep 15, 2008 Bank of America - Merrill Lynch Deal Sep 15, 2008 Lehman Brothers - Bankruptcy Sep 16, 2008 AIG Bailout Sep 25, 2008 JP Morgan Chase - Washington Mutual Deal Sep 29, 2008 Congress rejects TARP Oct 3, 2008 Congress passes Revised TARP Oct 3, 2008 Wells Fargo - Wachovia Deal Nov 23, 2008 Citigroup Stimulus Package Dec 19, 2008 GM and Chrysler Bailout
