The 2008 Financial Crisis: Explaining the Start

August 2007 marked the beginning of worst financial crisis since the great depression. A decade later, WSJ's finance and banking editors break down the events that led to the 2008 financial crisis. Photo: Associated Press

More from the Wall Street Journal:

[kristine]

I have been a bankagent from 1983 till 2000. There simply was a change in mentallity. Clients became more and more Numbers So to speak. At the end you had to Sell no matter what. As a manager I was suppose to lose my integrity, my moral point of view. Clients were and always Will be people who asked me for genuine advice. I quit and did lose a wellpayed position in life. But in 2007/2008 my God was I happy I made that decision in 2000...

[axem.]

Make more videos about financial crisis.

[MartinSage]

Like losing Gamblers…..Bankers have short memories

[macca]

Banks have way more capital now……..
Given to them by the government. I’m looking forward to this coming recession in 2022-2023.

[masonainsworth]

With the current unraveling of the weak regulations instituted post 2008, the now greater concentration of top banks, the lack of criminal consequences during the Obama years, and the unbelievable sense that self-regulation works, I find this WSJ puff piece to be at the very least delusional.

[Truth]

How does this compare with what’s going on today?

[naomiparker]

Here before this ends up in everyone's reccomended at the end of july

[connerrodriquez]

August 7th, 2007 I was only 3 years old 😂.

[elliotmann]

I'm looking forward to the next financial collapse in 2022. It should be a fun experience.

[qwybcgo]

August 2008 ware that the first blow was struck at that conference that would lead to just it being shatter it in everything we knew and thought about market we did not know at the time that the fear of 2007 would turn into the chaos and trail of 2008 all financial reporters

[scsidrv]

Q4 2023. The banks sure are thinking about now!

[chetlim]

All company stock ten company usa only d