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Table of Contents

Society & Economics

Social movements, economic events, and demographic developments from the year 2007.

Topic Summary
Subprime Mortgage Crisis and Bear Stearns Hedge Fund Collapse The July 2007 collapse of two Bear Stearns subprime hedge funds — losing nearly $1.8 billion in investor capital — marked the moment housing-market stress became visible systemic failure and catalyzed the 2008 global financial crisis.