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2008 Financial Crisis

A “subprime” crisis in housing? Think again.

Economist Antoinette Schoar and colleagues found that middle-class homebuyers had more to do with 2008’s real estate crash than the less-wealthy consumers usually blamed for it.

The financial crisis flared in an era of invisible high risk. Has the system been reformed?

Economists tracking changes post-recession say safeguards should reduce the vast vulnerabilities seen 10 years ago. But putting out fires may be harder.

A run on the bank, 21st century style

Timeline: Major moments of the 2008 global financial crisis.