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Happy Anniversary Great Recession. A year ago today Lehman Bros. filed for Chapter 11 bankruptcy and sent the economy into a tailspin the country is still struggling to cope with. Here’s a look back at the top five media moments from the last twelve months.

The A.I.G. Financial Products unit is to the global financial crisis what rickety levees were to Hurricane Katrina. But as Michael Lewis points out in his excellent article in the latest issue of Vanity Fair, F.P., as it’s called, used to be the envy of Wall Street. In 2001, the elite unit accounted for a [...]