2011 in economic policy: The year of the aftershocks
http://dervishcom.blogspot.com/2011/12/2011-in-economic-policy-year-of.html
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Technically, the financial crisis began in late 2008, with the collapse of Bear Stearns and Lehman Brothers. But 2009 was the year we really felt it. It was in 2009 that we lost more than 5 million jobs — the majority of the total job losses caused by the recession.
By 2010, we seemed to turn the corner. The economy added more than a million jobs. Growth returned. The financial markets stabilized. Many forecasters looked to 2011 with real optimism.
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Source: http://feeds.washingtonpost.com/click.phdo?i=7ec8499051dc18b5c73abab3892e35d2
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