Crisp Charlottesville autumns draw people from all walks of life to stroll on the Downtown Mall, dine at its fine restaurants and buy gifts in its many shops.
The Cavalier Daily first examined subprime loans and the credit crunch as a whole March 13, 2008. Only three days later, venerable investment bank Bear Stearns became the first major victim of the crisis.
From 2002 to 2005, Delta, Northwest, United and USAir all filed for Chapter 11 bankruptcy protection.
The date is March 14, 1907. The markets are down 50 percent. Faulty stock and real estate speculation have caused the failure of major lender Knickerbocker Trust Company.
Bear, Stearns & Co. Inc., until two weeks ago, was the fifth-largest investment bank in New York.
Starting this past summer, the press swirled with talk of subprime mortgages, a housing bubble and a credit crunch.
