Historic events battered both the financial markets and the real economy throughout 2008 and the first quarter of 2009. On Wall Street, the destruction was most evident through the bankruptcy of Lehman Brothers; the acquisitions of Bear Stearns, Merrill Lynch, and Wachovia; and the implosions of AIG, Fannie Mae, and Freddie Mac. And Main Street wasn't spared, as the declines in home prices, large federal involvement in the banking and the automobile industries, a rapid rise in unemployment, and the explosion of the U.S. federal budget deficit have shaped millions of lives and will dramatically alter the country's economic future. © 2009 Wiley Periodicals, Inc. [ABSTRACT FROM AUTHOR]