September 10, 2019 09:56 PM IST Burry was depicted in The Big Short, the Oscar-winning movie based on Michael Lewis' book of the same name.
September 20, 2018 12:56 PM IST On September 29, 2008, the US stock market lost $1.2 trillion in value as the Dow dropped 778 points, nearly 7 percent in one single day.
September 15, 2018 08:49 AM IST From mid January 2008 to mid September 2008, Nifty lost 35 percent of value. Lehman Brothers filed for bankruptcy on September 15, 2008, and Nifty lost another 25 percent in the next 3 months to 3,000 level by the year-end, says Aishvarya Dadheech of Ambit Principal Investment.
September 14, 2018 07:41 PM IST What lessons have we learnt from that crisis which finished off a prominent financial organisation and wiped off $10 trillion from the markets in a matter of months?
February 02, 2017 06:18 PM IST Troubled German banking giant Deutsche Bank today asked for patience after reporting its second annual net loss in a row, saying it was laying the foundations for durable success in the future.
December 20, 2016 07:40 AM IST The US Department of Justice has asked Credit Suisse to pay between USD 5 billion and USD 7 billion to settle a probe over its sale of toxic mortgage securities in the run-up to the 2008 financial crisis, a source with knowledge of the matter said, but the bank has resisted settling for that amount.
February 12, 2016 07:54 AM IST Contrary to its upbeat marketing of the mortgage bonds, "Morgan Stanley securitized and sold RMBS with underlying mortgage loans that it knew had material defects," the New York attorney general's office said.
January 27, 2016 08:21 AM IST "Either we validate the financial asset prices and growth faster, or alternatively we will slip into a global recession with financial disorder," El-Erian said
May 07, 2015 06:54 PM IST The US economy now is a more stable, resilient, and stronger economy than before the 2008 financial crisis, Geithner said. Even with the challenges in the US economy, America is a "lucky country," he added.
September 17, 2013 09:25 AM IST Dubai`s early story is similar to Malaysia`s current ambitions, CIMB said, noting both had plans to build iconic "tallest" office towers and other commercial projects to lift industry standards and alleviate Grade-A office space shortages.
July 05, 2013 09:52 PM IST Recently, Delhi-based Parsvnath unveiled a new scheme called the ‘The 25:75 House of Happiness‘. Parsvnath‘s scheme is for 16 residential and four commercial projects in several cities including Delhi, Greater Noida, Ghaziabad, Sonepat, Panchkula and Moradabad.
May 10, 2012 08:12 AM IST Bonuses for London's financial workers will be almost halved this year, falling to their lowest level in over a decade and nearly 10 billion pounds below a peak in 2007, according to a study.
August 17, 2011 06:09 PM IST Spot platinum headed for a seventh consecutive session of gains on Wednesday, after buying interest was triggered last week when its value relative to gold dipped to a discount for the first time since the 2008 financial crisis.
August 09, 2011 08:29 PM IST Gold hit a record high on Tuesday in its biggest three-day rally since the depths of the financial crisis in 2008, as investor fears over the threat to the global economy from the European and US debt crises hit assets seen as higher risk.
February 05, 2011 10:09 AM IST Documentary director Charles Ferguson knew he had a great global story in the 2008 financial crisis, but he still worried that "Inside Job" could fall into the category of a boring film if not jazzed up properly.
January 27, 2011 08:36 AM IST The rising cost of commodities ranging from oil to food is emerging as the main threat to an earnings recovery that has helped push US stocks to their highest levels since the 2008 financial crisis.
