From the sub-prime to the ridiculous: how $100bn vanished Business The Guardian: "It began with low-income Americans being encouraged to borrow mortgages they couldn't afford.
The economic butterfly effect would eventually cause deals worth billions of dollars to fall apart; the first run on a British bank in 140 years; some of the most powerful figures on Wall Street losing their jobs; wild gyrations on the markets; and dire warnings that the world is on the brink of recession"
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