One Year Ago This Week
A lot happened one year ago this week. It’s mind blowing to think about just how far our country’s financial system has come in just one year. In one year we have gone from the brink of collapse to the cusp of recovery.
On the week of September 15, 2008, the Dow Jones Industrial Average (DJIA) plummeted by more than 500 points on the news of Lehman Brothers’ bankruptcy, finishing at its lowest point in over two years. Yet, at the closing bell this afternoon, the DJIA soared to the highest mark in 11 months.
