The Great Recession and Its Personal Stories (2008-?)

Periodization: use of the term "Great Recession" between Jan 2008 and March 2009: 

"Some 73 percent [of Americans] either lost a job themselves, or had a member of their household, a close relative, or a friend lose a job at some point in the past four years."  http://www.npr.org/blogs/thetwo-way/2013/02/07/171420747/study-finds-vast-majority-of-americans-felt-great-recession-personally

The Great Recession :

Federal Court "Judge Cote’s ruling described a dangerous and toxic period in the American economy. As house prices were soaring, Wall Street banks were purchasing high-risk mortgages and then bundling them into bonds that were sold around the world. As this huge mortgage machine churned on, the quality of the loans plunged."
http://mobile.nytimes.com/2015/05/12/business/dealbook/nomura-found-liable-in-us-mortgage-suit-tied-to-financial-crisis.html?referrer= (Thanks to Ilana for the article). 

The story of "toxic assets," the mortgage-backed securities we discussed as underpinning the financial crisis of 2008.  It is a very interesting podcast made as a colloboration between This American Life and Planet Money, available at http://m.thisamericanlife.org/radio-archives/episode/418/toxie

http://www.npr.org/templates/story/story.php?storyId=130641385

http://www.epi.org/press/class_of_2010_faces_worst_job_market_in_a_generation_says_epi_report/ (Class of 2010 faced worst job market in a generation) and it has not gotten better for some.  Article from a couple of weeks ago regarding unemployed or underemployed law school graduates of Class of 2010).
http://www.nytimes.com/2015/04/27/business/dealbook/burdened-with-debt-law-school-graduates-struggle-in-job-market.html

http://www.npr.org/2014/12/05/368746013/2014-the-year-when-the-job-market-finally-turned-the-corner  (7 years later, the job market finally hit pre-recession levels)

http://www.npr.org/blogs/thetwo-way/2014/06/06/319404238/will-the-u-s-finally-gets-past-pre-recession-jobs-total

http://www.wsj.com/articles/SB10001424053111904199404576536930606933332 (University of Chicago professor Gary Becker on causes of the Great Recession)

http://www.pbs.org/newshour/extra/2013/05/young-people-face-worst-job-market-in-50-years/ (Young People Face Worst Job Market in 50 Years)

http://www.npr.org/blogs/money/2013/05/31/187548260/all-the-wealth-we-lost-and-regained-since-recession-started

http://www.npr.org/blogs/money/2012/05/04/151936447/23-million-americans-are-unemployed-or-cant-find-full-time-work

http://www.npr.org/templates/story/story.php?storyId=125906997

http://www.wsj.com/articles/SB10001424052702303591204575169693166352882

http://www.wsj.com/articles/SB10001424052748703837004575013592466508822


And its personal stories:

http://www.chicagotribune.com/business/yourmoney/chi-051909-recession-lead-story.html#page=1

http://www.huffingtonpost.com/2011/10/03/we-are-99-percent-stories-victims-great-recession_n_992340.html

http://www.latimes.com/la-recessionstories-htmlstory.html

http://www.huffingtonpost.com/2011/10/03/we-are-99-percent-stories-victims-great-recession_n_992340.html