- The 27 scariest moments of the financial crisis
Nine years ago, the US economy sank into a recession, the housing market crashed, and credit markets seized, bringing the banking industry to its knees. Businesses were going down. Workers were losing jobs. Americans were losing hope. For many, the psychologically critical low moment was the Lehman Brothers bankruptcy on September 15, 2008. But the memory of events before and after that day is slowly fading. Business Insider outlined the 27 major moments, from 2007 to 2009, and added some context. From the initial reports of subprime defaults to AIG’s second bailout, here are the scariest moments of the financial crisis.
- How much income you have to earn to be considered middle class in every US state
The American middle class just got a little richer.
- The Equifax breach may have exposed 143 million people’s Social Security numbers — but here’s why you shouldn’t freak out
The reality is that security breaches are here to stay, whether we like it or not. It’s safer to assume — and to act as though — your personal information is already out there, than to count on companies to protect your data.
- Morgan Stanley is using Snapchat to recruit the next generation of bankers
Certainly a sign of the times.
- Will Equifax be held accountable?
After the Equifax data breach exposed the personal and financial information of 143 million people, many consumers are left wondering what they can do to hold the credit reporting agency accountable.
- The Best Gas Credit Cards of 2017
Don’t look now, but gas prices are slowly on the rise. Admittedly, the last few years have been really nice from a gas price perspective. Most of the country is paying in the low $2 range for their gas. In some locations, we’re talking a buck ninety.
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