The_Financial_Crisis_of_Our_Time__Financial_Management
Association_Survey_and_Synthesis
ROBERT W. KOLB
Copyright © 2011 by Oxford University Press, Inc.

The economic crisis that began in 2007 has changed the economic lives
of Americans and many people around the world. By any measure, this
financial crisis of our time is one of the most important economic events
of the last century, and compared to all other economic and financial
upsets since the Great Depression, it is surely the most significant. Like
the Great Depression itself, these current financial problems, already
dubbed the Great Recession, are proving to have profound social significance
as well.