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Word of Mouth
Mon November 18, 2013
Class Of 2008: Jessica O'Hare
On September 15th, 2008, the financial services firm Lehman Brothers filed for Chapter 11. The subprime mortgage crisis had been percolating for months by then, as had a global economic decline – but the bankruptcy of the nation’s fourth largest investment bank panicked Wall Street, evaporating liquidity markets, sending the economy sharply downward, and sparking the worst global recession since World War II – a crisis from which the world’s economy is still recovering.
As part of NHPR’s station-wide series “How We Work: Five Years Later,” Word of Mouth presents “The Class of 2008,” conversations with people who graduated from high school or college around the time of the global economic meltdown.