CHRONOLOGY:From Bear to AIG, credit crunch victims pile up

Sept 24 (Reuters) - Following charts the course of the biggest financial industry crisis since the Great Depression.

* June 2007: Two Bear Stearns BSC.N hedge funds suffer after bad bets on U.S. subprime mortgage-related securities.

* July-Sept: German bank IKB (IKBG.DE) becomes first in Europe to be hit by bad investments in U.S. subprime market; SachsenLB bailed out in September, also due to subprime exposure

* Sept 14: First run on a major UK bank in over a century as customers besiege mortgage bank Northern Rock (NRKx.L).

* Oct 15: Citigroup (C.N) posts surprise 57 percent drop in Q3 profit, hurt by $6.5 billion subprime-related write-downs and losses. CEO resigns Nov. 4.

* Dec 17: Credit crunch spreads to Australia's Centro Properties (CNP.AX), a U.S. shopping mall owner, which issues profit warning. Its shares drop 70 percent.

* Jan 11, 2008: Bank of America pays $4 billion for Countrywide Financial CFC.N after the mortgage lender goes bust when risky loans to shaky borrowers fail.

* Jan 30: UBS (UBSN.VX) announces $4 billion new write-downs, taking total subprime-related writedowns to $18.4 billion.

* Feb 17: Northern Rock nationalised after funding crisis.

* Feb 28: Germany's DZ Bank joins growing list of subprime casualties, posting 1.36 billion euros in write-downs.

* March 16/17: Bear Stearns sold to U.S. investment bank JP Morgan Chase (JPM.N) for about $2 a share.

* April 29: Deutsche Bank (DBKGn.DE) reports first pretax loss in five years after writing down $4.2 billion in bad loans and mortgage-backed securities.

* July 11: U.S. banking regulators seize IndyMac Bancorp Inc IDMC.PK as the largest independent publicly traded U.S. mortgage lender collapses after depositors withdraw more than $1.3 billion over 11 days.

* July 13: U.S. Treasury and Federal Reserve effectively nationalise mortgage finance companies Fannie Mae (FNM.N) and Freddie Mac (FRE.N) in a bid to support U.S. housing market. * July 31: Deutsche Bank announces another $3.6 billion writedowns, taking its bill from the financial crisis beyond $11 billion and putting it among the top 10 global casualties.

* Sept 15: Wall Street's worst day since markets reopened after the September 2001 attacks; Lehman Brothers LEH.N in largest U.S. bankruptcy; Merrill Lynch MER.N taken over by Bank of America Corp (BAC.N); American International Group (AIG.N), once the world's top insurer, scrambles for capital because of losses on its mortgage-related debt.

* Sept 16: Central banks pump billions of dollars into money markets in a bid to ease tensions and prevent global financial system from freezing: AIG shares almost halve. Fed announces plan for $85 billion AIG rescue loan in return for 80 percent stake; Britain's Barclays (BARC.L) buys parts of Lehman's North American assets for $1.75 billion.