Law Center Presents 'Global Financial Crisis for Dummies'
University of IowaFor visual evidence of just how bad the global financial crisis has become, visit the Web site of the University of Iowa Center for International Finance and Development. If you dare. The page has a meticulously detailed timeline of events leading up to the economic collapse, and it highlights news reports of every struggling investment bank, failed mortgage company, missed-earnings warning, lousy housing report, cut dividend, and various other portents of impending financial doom. And that's just up to December 2007, before things really got bad.