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Deregulation of banks like Lehman Brothers lead to them making risky investments
Now that some regulations on the banks are pushed back, we can start to make high risk loans
We can also sell our subprime loans to make a quick profit
Our house is going underwater!
Subprime crisis continues,housing prices across the country begin to fall
The Dow lost over 6,000 points, we lost everything we invested!
Lehman brothers declare bankruptcy, Fed agrees to lend out 85 billion to AIG
A massive housing bubble occurs
Millions of Americans lose investments, homes, or jobs
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