Summary
Economic collapse is not an anniversary anyone wants to mark, but we note it this month.
A year ago, the news of Lehman Brothers' collapse and AIG's near collapse stunned our nation, led to a global economic crisis and was followed by an infusion of hundreds of billions of bailout dollars to preserve the country's financial system.See the full content of this document
Extract
Catholic Charities Challenged
Our Catholic Charities' clients had made us well aware that an economic downturn was already under way, but we could not have fathomed what was about to occur last September. Nor could we envision the thousands of ...
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