What Caused the Stock Market Collapse Sept-Oct 2008

Loading...

Sign in or sign up now!
Alert icon
Upgrade to the latest Flash Player for improved playback performance. Upgrade now or more info.
829 views
Loading...
Alert icon
Sign in or sign up now!
Alert icon

Uploaded by on Oct 30, 2009

Beyond the subprime mortgage crisis beginning the recession in Dec 2007, what triggered the stock market collapse in Sept-Oct 2008. The unjust and irrational WaMu Bank seizure is as much to blame as Lehman Bros, or the bailout hearings.

http://www.wamu-shareholders-resources.com

  • likes, 2 dislikes

Link to this comment:

Share to:
see all

All Comments (2)

Sign In or Sign Up now to post a comment!
  • It is not that WaMu was "so healthy", it is that WaMu was an unjustified and irrational smash and grab seizure done on the fly, that ruined investors and rolled the dice with the US economy, and lost. You can watch WAMUed Nation, another video uploaded to this channel and/or read WaMued - The Story at the website linked in the side bar to learn more.

  • Interesting vid. I didnt quite catch the argument though about why you think wamu was so healthy though...

Loading...

Alert icon
0 / 00Unsaved Playlist Return to active list
    1. Your queue is empty. Add videos to your queue using this button:
      or sign in to load a different list.
    Loading...Loading...Saving...
    • Clear all videos from this list
    • Learn more