The Economic Situation (Edexcel A-Level History): Flashcards

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The Economic Situation
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% of voters prioritising economy in 2008

60 percent

Alan Greenspan's role

Chairman of Federal Reserve Board

Lehman Brothers bankruptcy significance

Largest bankruptcy filing in US history

AIG bailout loan amount

$85 billion

GDP % at lowest point in 2008

-3.8 percent

Unemployment % in 2008 crisis

10 percent

McCain's Sept 2008 campaign action

Suspended it to vote on bailout

Obama's 2008 book title

Change We Can Believe In

Warren Buffett's connection to Obama campaign

Multi-billionaire investor who endorsed him

Early Sept 2008 poll ratings (Obama & McCain)

Both at 46 percent

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