2008

US Banks Could See $160B In Potential Losses From Commercial Real Estate Sector Collapse, Largest Since 2008: Report

A potential collapse in the commercial real estate sector, the largest since 2008, could hit US banks with up to $160 billion in losses.

Warren Buffett's Late-Night Phone Call In 2008 May Have Sparked The Most Successful Yet Hated Program In The 'History of Mankind' – And Saved The Economy

In the midst of the financial crisis in October 2008, Berkshire Hathaway Inc. CEO Warren Buffett made a significant late-night phone call to the then-Treasury Secretary Henry "Hank" Paulson. Buffett aimed to share an idea that could potentially revive the struggling economy.