While some point to earlier events, the event that is widely considered the start of the financial crisis that led to the Great Recession, when " BNP Paribas, a French bank, temporarily suspended dealings in three funds, citing “the complete evaporation of liquidity in certain market segments of the US securitisation market”, happened ten years ago today.
While some point to earlier events, the event that is widely considered the start of the financial crisis that led to the Great Recession, when " BNP Paribas, a French bank, temporarily suspended dealings in three funds, citing “the complete evaporation of liquidity in certain market segments of the US securitisation market”, happened ten years ago today.
https://www.economist.com/blogs/buttonwood/2017/08/ten-years