Your situation sounds like the textbook description of depression as caused by "mental distortions" from proponents of CBT. Did your wife consult a CBT practitioner, and did this help?
I am in no way trying to say I know the solution to your (past) problems, but CBT is sometimes described in a bit too enthusiastic terms by its proponents, and your story sounds like an opportunity to get anecdotal evidence on how much it might actually work in practice. In particular TEAM-CBT proponents claim to be able to cure depression in a session (and then continue to accompany the person through the innevitable relapses). I love their very data-oriented approach, but find it too good to be 100% true.