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Period: to
Financial Crisis
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Baer Stearns runs out of money
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Period: to
Baer Stearns declares bankrupt
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(SEC) iorders temporary stopping of short selling in the securities of Fannie Mae, Freddie Mac and investment banks.
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Lehman Brothers file for bankruptcy
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Ben Bernanke and Hank Paulson asked for $700 Billion to bail out banks
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Bank of America acquires Fannie Mae and Freddy Mac
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Bank of America buys Merrill Lynch & Co. for $50 billion.
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President Bush signed the Troubled Asset Relief Program
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GM and Chrysler faced bankruptcy