25 September 2008

WallSt bailout timeline

1916: 1st GSE [Wiki]

1934: FDIC created

1938: FNMA (Fannie Mae) [Wiki]

1968: GNMA [Wiki]

1970: FHLMC (Freddie Mac) [Wiki]

1980: Depository Institutions Deregulation and Monetary Control Act [Wiki]

1982: Garn-St. Germain Depository Institutions Act [Wiki]

1985: Mar: Home State Savings Bank of Cincinnati collapses [Wiki]


22Oct: Tax Reform Act of 1986 eliminates real-estate tax shelters [Wiki]

1987: 1st CDO [Wiki]

Aug: Greenspan heads Fed [Wiki]

1988: Silverado Savings and Loan collapses [Wiki]

1989: Resolution Trust Corp [Wiki]

09Aug: Financial Institutions Reform, Recovery and Enforcement Act [Wiki]

1992: Office of Federal Housing Enterprise Oversight (OFHEO) [Wiki]

1998: $3.6B Long Term Capital Management bailout [Wiki]


20Mar: S&P start faking ratings for cash [loong]

01Jul: credit-default swaps outstanding $600B [pdf-table] [NyT tutorial]


15Oct: W commits to affirmative-action home loans [iSteve]


US housing bubble peaks [Wiki]

2006: Subprime mortgage crisis [Wiki]

01Feb: Bernanke replaces Greenspan [Wiki]

06May: 1st (of 100s) mortgage-lender bankruptcy [list]

03Jul: Paulson to Treasury [BizWk] [Wiki]


Jan: Bear-Stearns at $172/share [Wiki]

Mar: US subprime mortgages = $i.3T [Wiki]

09Aug: financial crisis [Wiki]

Sep: AIG auditor resigns in protest of ignored warning on CDS [Blmbrg]

15Nov: FASB 157 [Wiki] [CFO]

31Dec: credit-default swaps outstanding $62T [pdf-table]

2008: Economic crisis of 2008 [Wiki]

14Mar: Fed loan to Bear-Stearns [Wiki]

30May: Bear-Stearns bought by JPMorgan [Wiki]

30Jul: FHFA [Wiki]

15Sep: Lehman Bros bankrupt [Wiki]

24Sept: Buffett puts $5B into Goldman, talks up $700B deal [sweetheart terms]