U.S. subprime mortgage crisis Roadmap.

<P>: Http://finance. News, February 13, 2007, the U.S. mortgage risk began to emerge. .HSBC Holdings is in the U.S. subprime mortgage business by 1.8 billion provision for bad debts; America's largest subprime mortgage lending company Country wide FinancialCorp reduction; America's second-largest subprime mortgage lender New Century Financial's profit warning; </ P .> <P> 2007 年 3 月 13 日, New Century Financial announced the verge of bankruptcy, U.S. stocks plunge, Dow down 2%, marking Pudie 2.04%, the Nasdaq fell 2.15%; </ P> <P> 2007 年 4 月.4, after the reduction of half of the employees, New Century Financial filed for bankruptcy protection; </ P> <P> 2007 年 4 24, U.S. March existing home sales fell 8.4%; </ P> <P> 2007 年 6 月.22, the Wall Street high callback, the Dow fell 1.37%, 1.29% standard Pudie, the Nasdaq fell 1.07%; </ P> <P> 2007 年 7 10 May, Standard & Poor's reduced the subprime mortgage bond rating, the global .financial market upheaval, the Dow fell 1.09%, Germany's DAX index fell 1.84%, the Nikkei fell 1.11%, Hang Seng Index fell 1.22%; </ P> <P> 2007 年 7 19, the Bear Stearns hedge funds .the verge of collapse; </ P> <P> 2007 年 8 1 March, two of Macquarie Bank High Yield Fund declared its investors face losses of 25%; </ P> <P> 2007 年 8 3, .Bear Stearns said the subprime crisis, the worst in 20 years. .European and American stock markets plunged, the Dow fell 2.1%, marking Pudie 2.7%, Germany's DAX index fell 1.31%; </ P> <P> 2007 年 8 on 5, the fifth-largest U.S. investment bank Bear Stearns president Warren - Sri Lanka .Pei Kete resignation; </ P> <P> 2007 年 8 6, real estate investment trusts Company American Home Mortgage filed for bankruptcy protection; </ P> <P> 2007 年 8 9, Paris, France's biggest bank .Bank announced the involvement of U.S. subprime, most stock indexes fell, the Dow fell 2.83 percent, Germany's DAX index fell 1.27%; metal crude oil futures and spot price of gold has fallen sharply; </ P> <P> 2007 年 10 August .Japan and the U.S. subprime crisis spread, the European Central Bank to intervene; </ P> <P> 2007 年 8 11, the central bank around the world within 48 hours over 326.2 billion U.S. dollars capital injection to save the market three times a day the Federal Reserve injected 38 billion to banks .dollars to stabilize the stock market. .</ P>.