4 Facts about financial crisis of 2008-9

Facts about financial crisis of 2008-9 1- 50% of borrowers who have taken loan from bank didn't pay a single dollar from their pockets.

2- AIG which have launched CDS have to face 99 billions dollar losses then us government bailouts the company by paying 85 billions dollars [ to decrease the effect of crisis]

3-Because of failure of CDO investment bank have CDO left USA top 5 investment bank came to knees because of this .

4- in this crisis banks and other financial institutions have to face 450 billions dollars losses

5- USA unemployment increased by 10% because of this crisis.