Finance & Investment Template‑class

This template is within the scope of WikiProject Finance & Investment, a collaborative effort to improve the coverage of articles related to Finance and Investment on Wikipedia. If you would like to participate, please visit the project page, where you can join the discussion and see a list of open tasks.Finance & InvestmentWikipedia:WikiProject Finance & InvestmentTemplate:WikiProject Finance & InvestmentFinance & Investment articles Template This template does not require a rating on Wikipedia's content assessment scale.

On 23 April 2013, it was proposed that this page be moved from Template:2008 economic crisis to Template:Great Recession. The result of the discussion was page moved.

Kudos to User:03md for creating such a useful template. I'll be organizing it a bit and trying to find all the related articles to organize here. Most likely I'll create out of the "companies" and "events" several headings for companies that merged, failed, and got federal bailouts in the US. We may want to create sections by country or region as well. Depending on whether, and how, the crisis spreads internationally we might want to call it a generalized economic crisis (as per the template name) or a "financial" or "credit" crisis. It's a bit too early to know where this is going. Also, we should work on appropriate categories. Thanks, Wikidemon (talk) 19:42, 20 September 2008 (UTC)Reply[reply]

The label that appears on this template now needs to be changed since it is not over yet. I suggest 'Late 2000s global financial crises' or 'Late 2000s financial crises', replacing 'Financial crises of 2007-2008' to match the 'Late 2000s recession' article. Comments? Hmains (talk) 22:39, 28 December 2008 (UTC)Reply[reply]

If we do this, the name can change again and again. Second, the name is invisible unless someone edits. I would rather wait until the crisis is over to change the name, in case this mess keeps getting renamed over and over again, or becomes known as Great Depression II if it gets that bad. In that case, I do not think that the name would be changed again. Jesse Viviano (talk) 21:27, 22 February 2009 (UTC)Reply[reply]

What? The wiki-markup text currently includes this:

((navbox
 | name = 2008 economic crisis 
 | title = [[Financial crisis (2007–present)|2008 economic crisis]] 
 | state = (({state|collapsed))}
 [...]

which, IMHO, illustrates the mismatch between the name "displayed" at the top of the template ("2008 economic crisis"), and the name of the article that the hyper-link (in the "title" field) links to [which is currently "Financial crisis (2007–present)"]. (..,and by the way, that name -- the one "displayed" at the top of the template -- is visible, even when someone is just reading, NOT editing!)

Of course, that article name might eventually be changed, e.g. by replacing "(2007–present)" with "(2007–2014)" or something like that; but if and when that happens, I think it would be reasonable to change the name of this template, then. I do not expect such name changes to be so "frequent" that they cause any more of a problem for this template, than they cause for the article itself.

Hence, I vote for changing the (displayed) name of the template, to match the name of the article that the hyper-link links to. --Mike Schwartz (talk) 09:21, 10 February 2011 (UTC)Reply[reply]

Madoff's Ponzi scheme was done in when clients started demanding redemptions due to the weak economy. Since Madoff could not swindle enough new investors in, the Ponzi scheme failed. If you wanted a company whose failure was coincidental to the crisis, try Circuit City. Mismanagement sent Circuit City to Chapter 11 because it laid off its highly paid and experienced employees to replace them with low-paid newbies in order to save costs. This deteriorated customer service and disgusted customer, causing them to go to competitors like Best Buy. Jesse Viviano (talk) 02:11, 7 January 2009 (UTC)Reply[reply]

Thanks for the explanation! Rubisco (talk) 12:50, 7 January 2009 (UTC)Reply[reply]

I've restored Madoff to the template and removed Circuit City, based on the above reasoning. Ericoides (talk) 15:43, 7 February 2009 (UTC)Reply[reply]

I realized that my reasoning is flawed. A Ponzi scheme by definition is mismanaged. The economy just landed the deathblow to Madoff, just like it did to Circuit City. The mismanagements of both made them weak to recessions that large legitimate companies normally should have been able to shrug off. I will restore Circuit City. Jesse Viviano (talk) 17:53, 14 February 2009 (UTC)Reply[reply]

While it is certain that museums have been negatively affected it does not come close to the impact of any of the other specific issues. I have doubts that this should be included as such a page could be written for almost any institution profit or non-profit currently operating. 209.30.228.224 (talk) 07:06, 15 February 2009 (UTC)Reply[reply]

Do you think that we need to add in a section for frauds that keep getting discovered and are piling up due to the crisis? I can think of these alleged frauds: R. Allen Stanford, Bernard Madoff, Satyam Computer Services, and others. Jesse Viviano (talk) 15:36, 18 February 2009 (UTC)Reply[reply]

Good idea - made a proposal for: Fraud

   Libor scandal
   Bernard Madoff
   Allen Stanford

. Wakari07 (talk) 18:47, 19 September 2012 (UTC)Reply[reply]

I've not had anything to do with this template before, so I sha'n't be bold and make the edit myself, but this template is huge! Can I suggest each of the sections be collapsed by default, perhaps? Maybe make it so that the "current" section (the one related to the current article, I mean) be expanded. This template takes up an entire screen-height on my PC, which strikes me as a little excessive :o) — OwenBlacker (Talk) 19:40, 11 May 2009 (UTC)Reply[reply]

I agree with you. Could this be done by creating sub-templates out of the existing sections, and "bringing them together" in this template? --FF3000 · talk 14:28, 1 September 2009 (UTC)Reply[reply]

Please review this as a posible new look for this template: User:Footyfanatic3000/2007-2009 economic crisis. Feel free to edit the the page if needs be. --FF3000 · talk 15:46, 1 September 2009 (UTC)Reply[reply]

Looks fine, but contents of headers of hidden sections are stacked, taking up multiple lines for a single header. --CliffC (talk) 23:53, 1 September 2009 (UTC)Reply[reply]

I know. Is there any way to fix this problem? FF3000 · talk 17:59, 2 September 2009 (UTC)Reply[reply]

Seems to be caused by the HTML <br /> (line break) elements in the headers; replacing each with a single space should do the trick. Best, CliffC (talk) 20:13, 2 September 2009 (UTC)Reply[reply]

Never mind, I've had a closer look and there's more to it than that. Sorry I can't help. --CliffC (talk) 21:29, 2 September 2009 (UTC)Reply[reply]

I have removed some of the more niche articles on the Irish banking crisis and property crash which seemed at odds with the rest of the topics in terms of proportionality. I have only left in the National Asset Management Agency and that only probably makes it in at a push.Financefactz (talk) 18:23, 2 September 2020 (UTC)Reply[reply]