"The global financial crisis was a period of extreme stress in global financial markets and banking systems between 2008 and 2009. A downturn in the US housing market played a key for the 2008 financial crisis that spread from the United States to the rest of the world through linkages in the global financial system. Many financial institutions around the world faced enormous financial losses facing the risk of bankruptcy. Millions of job losses were reported in major developed economies. They experienced the deepest recessions since the Great Depression in the 1930s". Prepare a research report on the 2008/2009 financial crisis exploring the causes and consequences and lessons learned.