The Great Recession In New York
Part 1: The Fall
On September 14, 2008, financial markets around the world plummeted, heralding the beginning of the current economic crisis. Bear Sterns and Lehmann Bros. went bankrupt and dozens of other banks were faced with the same fate. These pictures were taken on and around Wall Street over the months that followed while the markets fluctuated wildly. It remains to be seen if President Obama's stimulus package will stabilize, and buoy, the economy.