Tag Archives: The Center for American Progress

550 BILLION DOLLAR Electronic Run On Banks In September '08 The Real Reason For Our Financial Crisis?

Is the real reason for our financial crisis a $550 billion run on our banks in September ’08 and not the subprime mortgage collapse as we were told? Perhaps we should follow along as Rep. Paul Kanjorski D-(PA) describes what happened back in September 2008, prior to the election, which launched what would become the serious financial catastrophe we are currently dealing with…

Economy, U.S. Also tagged , , , , , , , , , , , , , , , , , , , , , 4 Comments