Remembering the collapse of Lehman Brothers

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While we’ve focused this week on the eleventh anniversary of 9/11, don’t lose sight of another anniversary today — the collapse of Lehman Brothers.

It’s worth noting that the retrospectives we might see of that anniversary could further the narrative that the Obama campaign and Democrats want to tell: that the country is better off from four years ago beginning on Sept. 15, 2008.

It’s also an opportunity for third-party validators to talk about the deep hole the country was in from 2008 to early 2009. Now conservatives and critics might use the anniversary to examine TARP’s effectiveness and to make the case that Wall Street is better off than Main Street. But overall, 9/15 advances the narrative of the U.S. economy’s dire shape four years ago.”

Peter Schorsch is the President of Extensive Enterprises and is the publisher of some of Florida’s most influential new media websites, including,,, and Sunburn, the morning read of what’s hot in Florida politics. SaintPetersBlog has for three years running been ranked by the Washington Post as the best state-based blog in Florida. In addition to his publishing efforts, Peter is a political consultant to several of the state’s largest governmental affairs and public relations firms. Peter lives in St. Petersburg with his wife, Michelle, and their daughter, Ella.