Wednesday, March 25, 2009 | 10:30 AM to 11:30 AMOn Wednesday, March 25 at 10:30 am, the Museum will host a press conference to open “Tracking the Credit Crisis: A Timeline,” an exhibit tracing the development of the current financial crisis, which is the most severe and complex economic and financial challenge in modern experience.
Presented as a monumental 8’ x 20’ graphical wall accompanied by a video presentation, the timeline begins with the bursting of the U.S. housing bubble in late 2006 through the unprecedented trillions being guaranteed and injected into the private sector in 2008-2009 by the government. President Barack Obama’s stimulus package of almost $800 billion is part of the stabilization effort to forestall a financial collapse, in a global environment in which some $40 trillion in wealth has been lost (on paper) in the last 18 months. The U.S. government’s actions represent a watershed in American economic and political history.
To confirm press conference attendance, or for more information, please contact Kristin Aguilera at 212-908-4695 or firstname.lastname@example.org.