The Financial Crisis 2007-2008 The global economy has been hit hard by the financial crisis 2007-2008, or the subprime crisis (floating interest rate mortgages). Indeed, the 2008 financial crisis often revolves around the fall of Lehman Brothers Holdings, Inc. Famously, it was too big to fail. The closure of this bank, a great rival of Goldman … Continue reading The 2008 Financial Crisis Explained