It started with risky mortgages and ended with the collapse of Lehman Brothers, 25,000 job losses, and a ripple effect across the global economy. The 2008 Financial Crisis wasn’t just a crash—it was a lesson in greed, bad decisions, and broken systems.
In this episode of The Great Money Scandals, we explore:
-How mortgage-backed securities (MBS) turned into ticking time bombs.
-The role of rating agencies and their "rating shopping" practices.
-Lehman Brothers’ downfall and the domino effect on global markets.
-Why the crisis impacted economies far beyond the U.S., including India.
🎥 Watch the full episode to understand the events that led to the 2008 crash and the lessons we can learn from it
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About The Great Money Scandals:
Money makes the world go round, but what happens when it all comes crashing down? The Great Money Scandal explores some of the biggest financial crises and scams that changed the course of economies and impacted millions.
Each episode breaks down the events, the people at the center of it all, and the ripple effects still felt today. These are not just stories—they’re lessons in how money and markets can shape our lives.
📺 Watch The Great Money Scandals episodes on YouTube: [ Ссылка ]
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Aaditya Iyengar, CFA & Content Creator
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Why the 2008 Crisis Shook the World | ft. @lordmoneyengar
Теги
2008 financial crisisLehman Brothers collapsemortgage-backed securitiescredit default swapsglobal market crashfinancial meltdownMBS explainedLehman bankruptcyfinancial greedWall Street crashfinancial historyeconomic crisismarket crash explained2008 crash impactrating agency failurefinancial lessonssubprime mortgage crisisrecession 2008global economy collapsefinance exposedfinancial mismanagementfinancial scandalsmarket risk