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The 2007–2008 financial crisis, or the global financial crisis (GFC), was the most severe worldwide economic crisis since the Great Depression. Predatory lending in the form of subprime mortgages targeting low-income homebuyers, [ 1 ] excessive risk-taking by global financial institutions, [ 2 ] a continuous buildup of toxic assets within ...
Boys in Red accident. The Boys in Red accident [a] occurred on January 12, 2008, just outside the city of Bathurst, New Brunswick, Canada. A semi-trailer truck and a van carrying the basketball team from Bathurst High School collided, which killed seven students, the wife of the coach, and injured four other occupants in the van. [2]
Bankruptcy of Lehman Brothers. The bankruptcy of Lehman Brothers, also known as the Crash of '08 and the Lehman Shock on September 15, 2008, was the climax of the subprime mortgage crisis. After the financial services firm was notified of a pending credit downgrade due to its heavy position in subprime mortgages, the Federal Reserve summoned ...
Killing of Tim McLean. On 30 July 2008, Tim McLean, a 22-year-old Canadian man, was stabbed, beheaded, and cannibalized while riding a Greyhound Canada bus along the Trans-Canada Highway, about 30 km (19 mi) west of Portage la Prairie, Manitoba. On 5 March 2009, his killer, 40-year-old Vince Li, was found not criminally responsible for murder ...
The September 2008 crash killed four of the six people on board. Barker, who has hasn’t been on a plane since the accident, and his friend Adam “DJ AM” Goldstein were the only two survivors ...
Air France Flight 358 was a regularly scheduled international flight from Charles de Gaulle Airport in Paris, France, to Toronto Pearson International Airport in Ontario, Canada. On the afternoon of 2 August 2005, while landing at Pearson airport, the Airbus A340-313E operating the route overran the runway and crashed into nearby Etobicoke ...
Colgan Air Flight 3407 (marketed as Continental Connection Flight 3407) was a scheduled passenger flight from Newark, New Jersey, US to Buffalo, New York, US on February 12, 2009. Colgan Air staffed and maintained the aircraft used on the flight that was scheduled, marketed, and sold by Continental Airlines under its Continental Connection brand.
Humboldt Broncos Bus Crash. On April 6, 2018, sixteen people were killed and thirteen were injured when a northbound coach bus struck a westbound semi-trailer truck that blew through a stop sign near Armley, Saskatchewan, Canada. The driver of the truck had failed to yield at a flashing stop sign at the intersection of Saskatchewan Highways 35 ...