New York, NY – On Wednesday, March 25, the Museum of American Finance will open “Tracking the Credit Crisis: A Timeline” to trace the development of the current financial crisis, 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.
The Museum will host a press conference for “Tracking the Credit Crisis” at 10:30 am on Wednesday, March 25. To confirm attendance, or for more information, please contact Kristin Aguilera at 212-908-4695 or firstname.lastname@example.org.
About the Museum of American Finance
The Museum of American Finance, an affiliate of the Smithsonian Institution, is the nation’s only public museum dedicated to finance, entrepreneurship and the open market system. With its extensive collection of financial documents and objects, its seminars and educational programming, its publication and oral history program, the Museum portrays the breadth and richness of American financial history, achievement and practices. The Museum is located at 48 Wall Street, on the corner of William Street, and is open Tuesday – Saturday, 10 am – 4 pm. For more information, visit www.moaf.org.