RECESSION IN NEW YORK (United States, 2008-2009)
On 14 September, 2008, financial markets around the world crashed, a direct consequence of the collapse of Bear Sterns and Lehmann Brothers, and the threatened failure of many other banks. In the months after that Ashley Gilbertson recorded the atmosphere on Wall Street in sombre black and white: the worried faces, the unbelief, the despair and the dejection. But he also looked at the consequences for ordinary New Yorkers, who were confronted with unemployment, a growing number of homeless, and shuttered stores. Resilient, they try to make the best of it.
