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Great Recession

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September 29, 2008: The Stock Market Crash That Shook A Generation

by Editor
September 28, 2025

The trading floor of the New York Stock Exchange fell into near-panic on Monday, September 29, 2008, as word spread that the United States House of Representatives had voted down the Emergency Economic Stabilization Act. By the close of the session, the Dow Jones…

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September 15, 2008: The Collapse Of Lehman Brothers

by Editor
September 15, 2025

The morning of September 15, 2008, began with the unthinkable: Lehman Brothers Holdings Inc., the storied Wall Street firm that had survived the Civil War, the Great Depression, and two world wars, filed for Chapter 11 bankruptcy protection. With more than $600 billion in…

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