Lectures in History

"Great Recession" of 2007-09

Professor Jonathan Levy talked about the so-called “Great Recession” of 2007 to 2009, the worst financial crisis in the U.S. since the Great… read more

Professor Jonathan Levy talked about the so-called “Great Recession” of 2007 to 2009, the worst financial crisis in the U.S. since the Great Depression in the 1930s. He traced the origins of the crisis to the late-1990s stock market boom-and-bust, and looked at how the housing market of the 2000s mimicked some of the same patterns. He also talked about some of the exotic financial instruments developed during this time, the practice of banks using overnight short-term credit markets to stay afloat, and the unprecedented actions taken by the Federal Reserve to rescue the economy after it collapsed. close

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  • Jonathan Levy Professor University of Chicago->History Department

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"Great Recession" of 2007-09

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Program ID:
418536-1
Category:
Public Affairs Event
Format:
Speech
Location:
Chicago, Illinois, United States
First Aired:
Apr 01, 2017 | 7:59pm EDT | C-SPAN 3
Last Aired:
Apr 10, 2017 | 4:00am EDT | C-SPAN 3

Airing Details

  • Apr 01, 2017 | 7:59pm EDT | C-SPAN 3
  • Apr 02, 2017 | 12:00am EDT | C-SPAN 3
  • Apr 09, 2017 | 12:00pm EDT | C-SPAN 3
  • Apr 10, 2017 | 4:00am EDT | C-SPAN 3
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"Great Recession" of 2007-09

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