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Statements

Subject Item
dbr:Government_intervention_during_the_subprime_mortgage_crisis
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Government intervention during the subprime mortgage crisis
rdfs:comment
The government interventions during the subprime mortgage crisis were a response to the 2007–2009 subprime mortgage crisis and resulted in a variety of government bailouts that were implemented to stabilize the financial system during late 2007 and early 2008.
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The government interventions during the subprime mortgage crisis were a response to the 2007–2009 subprime mortgage crisis and resulted in a variety of government bailouts that were implemented to stabilize the financial system during late 2007 and early 2008. Governments intervened in the United States and United Kingdom and several other Western European countries, such as Belgium, France, Germany, Ireland, Luxembourg, and the Netherlands. In addition, global reform of the banking industry has been discussed to reduce speculation. Measures include a supertax on bankers' bonuses and a financial transaction tax.
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