the public speaking english

1. The global Financial crisis ( Effects and challanges)
Plan :
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KEY TAKEAWAYS
 The 2007-2009 financial crisis developed gradually. Home
prices began to fall in early 2006.
 In early 2007, subprime lenders began to file for bankruptcy.
 In June 2007, two big hedge funds failed, weighed down by
investments in subprime loans.
 In August 2007, losses from subprime loan investments
caused a panic that froze the global lending system.
 In September 2007, Lehman Brothers collapsed in the biggest
U.S. bankruptcy ever.
 When the bubble burst, financial institutions were left holding
trillions of dollars worth of near-worthless investments in
subprime mortgages.

2. Who Made Money in the 2008 Financial Crisis?
A number of smart investors made money from the crisis, mostly by
picking up pieces from the wreckage.
 Warren Buffett invested billions in companies including
Goldman Sachs and General Electric out of a mix of motives
that combined patriotism and profit.
 Hedge fund manager John Paulson made a lot of money
betting against the U.S. housing market when the bubble
formed, and then made a lot more money betting on its
recovery after it hit bottom.
 Investor Carl Icahn proved his market-timing talent by selling
and buying casino properties before, during, and after the
crisis.
The Bottom Line
Bubbles occur all the time in the financial world. The price of a
stock or any other commodity can become inflated beyond its
intrinsic value. Usually, the damage is limited to losses for a few
over-enthusiastic buyers.
The financial crisis of 2007-2008 was a different kind of bubble.
Like only a few others in history, it grew big enough that, when it
burst, it damaged entire economies and hurt millions of people,
including many who were not speculating in mortgage-backed
securities.