New York Museum Opens Exhibit on Credit Crisis

March 25, 2009

By Rebekah Kebede, Reuters

The global economic crisis wears on, but the Museum of American Finance is already documenting its history in an exhibit that opened on Wednesday.

"Tracking the Credit Crisis" provides a timeline of the events that led to the current recession and translates the catchphrases of the economic downturn such as "securitization," "liquidity," and "derivative" for the average person.

"We're now entering what may well be the most challenging man-made calamity in modern experience, a global financial crisis of unprecedented size, speed, interconnectedness and complexity," said Lee Kjelleren, the chief executive of the museum, who said he hoped the exhibit would help the public understand events as they unfold.


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