Last Monday was one year anniversary of sub-prime (and subsequent credit crisis), here is an interesting time line I found at BBC. Quote:
8 March (2007)
Biggest US house builder DR Horton warns of huge losses from sub-prime fall-out.
12 March (2007)
Shares in New Century Financial, one of the biggest sub-prime lenders in the US, were suspended amid fears it might be heading for bankruptcy. See the New Century entry at Wiki here.
A year later (lots of bad things happened in the past year):