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  Muzi.com: Muzi (English): Gallery: Activities: Event: Global Financial Crisis:
  Global Financial Crisis [1p.5n]
updated: 2009-11-24

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Archie Clark packs boxes at a recently closed HomeBanc Corp. office in Raleigh, N.C., Wednesday, Aug. 22, 2007. When Clark finishes helping movers from the company's Atlanta headquarters collect computers and other property, he'll join the more than 23,000 workers nationwide who have lost jobs in financial services industry since the beginning of the month. click to open
An unidentified person walks out the door of the Countrywide Home Loan offices, in Omaha, Neb., Thursday, Aug. 16, 2007. The nation's largest mortgage lender borrowed $11.5 billion from a group of 40 banks to fund loans, in a move that shows just how deep the lending crisis has become. Countrywide Financial Corp. says it made the move amid a credit crunch that has driven a number of its smaller peers to bankruptcy. click to open
Specialist Benton Bocklet works at his post on the floor of the New York Stock Exchange, Tuesday, Aug. 14, 2007. Wall Street pulled back sharply Tuesday on anxiety about the pace of consumer spending amid a disappointing outlook from Wal-Mart Stores Inc., and word that a large money market fund was struggling because of weeks of volatility. click to open
Traders of the floor of the New York Stock Exchange (NYSE) look at the Dow during the closing minutes of trading on Aug 9 2007. World stock markets have dived for a second day running with European and Asian traders dumping shares on fears of a widening economic crisis caused by the US subprime housing sector. click to open
A pedestrian makes his way in front of an electric stock board in Tokyo, Friday, August 10, 2007. Japanese shares plunged over 2 percent in early trading Friday following a sharp fall on Wall Street overnight, as the Bank of Japan injected 1 trillion yen (US$8.4 billion; euro6.2 billion) into money markets. The Nikkei 225 index fell 365.40 points, or 2.13 percent, to 16,805.20 in the first 50 minutes of trading on the Tokyo Stock Exchange. click to open


 
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