Description: WSJ’s Matt Phillips stops by Mean Street to mark five years since the global credit crunch which sent the global economy into a tailspin. (Photo: Reuters)

Source: Marketwatch.com – video report

Date: Aug 09, 2012

Link: http://live.wsj.com/video/happy-fifth-birthday-financial-crisis/2F60CB68-CE72-4D21-B7AF-099008A6D84C.html

Questions for Discussions:

• Summarize the history of the financial crisis as reported.
• What do you think was the critical event that triggered the collapse?