"Faces of the Recession," a new, interactive feature, asks users to share their personal experiences and stories of the most severe economic crisis since the Great Depression
August 26, 2009, Englewood Cliffs, NJ The reverberations of the 2008 financial are still being felt. Some prognosticators say the worst has passed, but for the average American, it is unclear when their personal financial outlook will change. CNBC.com's "Faces of the Recession" (http://recessionstories.cnbc.com) gives users the opportunity to share in their own words how these unprecedented times have uniquely impacted them and how they are currently managing.
"The economic collapse is an event that has impacted everyone CEOs, political leaders, individual investors everyone," said Allen Wastler, Managing Editor, CNBC.com. "We are seeking out average folks and asking that they share their experiences. Already, we have heard from some who are giving up, some who are getting by, and some who are, perhaps surprisingly, getting ahead. These first person accounts are both the everyday and the extraordinary. They are the true faces of the recession."
From now until Wednesday, September 30, 2009, users have the option of submitting their story to CNBC.com in three different ways. On CNBC.com, visitors can write about their recession experience and upload it to the site by using its easy-to-use tool (http://www.cnbc.com/id/32478031/). On CNBC's You Tube Channel (http://www.youtube.com/cnbcshareyourstory) , users can share in a video some examples of how the recession has impacted them. Facebook members can friend CNBC's fan page (http://www.facebook.com/topic.php?uid=97212224368&topic=12392) and join a discussion as well as check out CNBC videos and stories.
"Faces of the Recession" is the newest addition to the CNBC.com special editorial report, "Boom, Bust & Blame," a comprehensive look at the economic collapse that has gripped the world over the past two years. "Boom, Bust & Blame " is complete with 300 minutes of both new and historical video; rich editorial content and newly created extensive stocks and graphs all chronicling the drama, pressure and most memorable moments of this complex story whose incredible economic, political and social ramifications will be felt for years to come.
In July, CNBC.com scored its 20th straight month of year-over-year growth in uniques (Source: comScore Media Metrix). The online destination for global business news and expert analysis, the site also experienced a 14% increase in unique visitors and an 81% increase in page views as its highly- engaged, affluent audience continues to expand. CNBC.com is also the #1 stand alone financial news website by total page views**
**Source: comScore Media Metrix, July 2009, Business/Finance - News/Research category. "Stand alone" excludes portal-affiliated websites.
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