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Showing posts with the label Lehman Brothers

Recession 2008: A Look Back from an Ex-Non-Immigrant’s Eyes

The Global Recession: A Look Back from an Ex-Non-Immigrant’s Eyes In my second year of undergraduate studies in India I decided to go abroad for further studies. Like thousands of students across India I went through my word lists, brushed up my maths and went to the nearest testing center to give my GRE and TOEFL. At the end of the exams the screen showed me my tentative scores. The minute the number flashed up on the screen I knew my American dreams were on. It was in August of 2006, a week before Indian Independence Day, I landed in the international terminal of JFK Airport. As I scampered with my friends through the busy terminal to catch the connecting flight, we couldn't help but feel a sense of accomplishment. As we flew over Buffalo I noticed the baseball fields underneath. I knew I was in U.S.A.! However this post is not about my studies, life in school or even my first job. But it is a commentary on the Great Recession that shrouded the country and keeps it wrapp...