| A | B |
|---|
| The high-risk mortgages at the heart of the 2008 meltdown | subprime |
| when somebody owes more on their home than it's worth, it's known as this | being upside down on a mortgage |
| Refusing to bail out companies from the consequences of bad decisions | moral hazard |
| Bailing out a company so the entire system doesn't fail | systemic risk |
| Bad mortgage stocks came to be known as these | toxic assets |
| Subprime mortgages were bundled together in packages and traded as these on the stock market | securities |
| Down payments are normally this percentage of a home's value | 10-20% |
| This investment bank was the first to collapse in March 2008 | Bear-Stearns |
| The country's two largest home lenders | Fannie Mae & Freddie Mac |
| After Congress refused to bail out the banks in September 2008, this suffered its worst single-day loss ever | Dow Jones Industrial Average |
