September marks the fifth anniversary of the economic meltdown on Wall Street. Investment giant Lehman Brothers declared bankruptcy, AIG took a government bailout in the billions and the Dow had the biggest single day loss in history.
As the national economy convulsed in the great downturn of 2008, the Puget Sound region remained a relative bright spot compared with other parts of the country.
We didn’t get hit as hard, and we bounced back more quickly. Our
Big Reset series looks at how our region has emerged from the Great Recession, why we are so resilient and what challenges we still face.
Tell us about your experiences since the recession.
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Photos by Jake Warga.