Video: How Did this Happen?

Our financial markets are in chaos. The credit markets are frozen. Banks are failing. Home foreclosures are on the rise, while home values continue to crash. How did this happen?




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How Did This Happen? ( is an educational campaign of the Center for American Progress Action Fund and Media Matters Action Network.  Its aim is to stop conservatives from rewriting history and highlight how conservatives and their ideology are primarily to blame for the current financial crisis.


The positions of American Progress, and our policy experts, are independent, and the findings and conclusions presented are those of American Progress alone. A full list of supporters is available here. American Progress would like to acknowledge the many generous supporters who make our work possible.