Submitted by Karstens Investments on August 7th, 2017
The month of June marks the 10th anniversary of the beginning of the financial crisis, now referred to as the Great Depression. To refresh your memory, June 2007 saw the collapse of two Bear Stearns hedge funds that had speculated in sub-prime mortgages.
Submitted by Karstens Investments on May 15th, 2017
By Corey Voorman
March, 2017 - The Dow reaching its highest closing record at 21,115.55. February, 2007 - HSBC Holdings announces that bad-debt charges will be 20% higher than forecasted, foreshadowing the subprime mortgage crisis.