CRISIS BUT DIFFERENT WAY The 2007–2008 financial crisis, or Global Financial Crisis (GFC), was the most severe worldwide economic crisis since the Great Depression of 1929. Predatory lending targeting low-income homebuyers,[1] excessive risk-taking by global financial institutions,[2] and the bursting of the United States housing bubble culminated in a "perfect storm". Mortgage-backed securities (MBS) tied to American real estate, as well as a vast web of derivatives linked to those MBS, collapsed in value. Financial institutions worldwide suffered severe damage,[3] reaching a climax with the bankruptcy of Lehman Brothers on September 15, 2008, and a subsequent international banking crisis.[4] The preconditioning for the financial crisis was complex and multi-causal.[5][6][7] Almost two de

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As of the close on Friday,$S&P/ASX 200(XJO.AU)$ closed at 7,307.00 points, down -0.54% in the past 5 days. During the last 5 trading days, $Eagers Automotive Ltd(APE.AU)$ $Inghams Group(ING.AU)$ $ORIGIN ENERGY LIMITED(ORG.AU)$ $Smartgroup Corporation Ltd(SIQ.AU)$ $Johns Lyng(JLG.AU)$ were up 21.72%, 17.52%, 15.43%, 14.97%, and 11.68% respectively. 1. $Eagers Automotive Ltd(APE.AU)$ The Eagers Automotive, Australia's biggest car sales group, announced a final dividend of 49 cents per share for FY22, creating a record total full-year dividend of 71 cents per share for investors. The share price soared after the company released its full-year results for 2022. Eagers achieved record underlying operating profit before tax of $405.2 million Eagers Automotive said its record profit came down

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