How Lehman collapsed
(Video) A year on from the collapse of Lehman Brothers, Francesco Guerrera examines how and why the bank failed, providing the inside story from John Thain, Bob Diamond, et al. Full Story »
Posted by Derek Hawkins
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U.S. Economy, Finance
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Posted by Derek Hawkins - Sep 14, 2009 - 11:23 AM PDT
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Derek Hawkins (review), Fabrice Florin (review), Manfred Ostrowski (review), bhanu (review)
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Derek Hawkins - Sep 14, 2009 - 12:27 PM PDT
Two-part video that contextualizes Lehman's collapse, before and after. Visually compelling, deep, and very well explained by Financial Times reporters.
Derek posted this story.
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(11 answers)
Impressive and thorough account of the financial crisis, fairly acknowledging the importance of trust in the financial system for the entire economy. It clearly shows that a very difficult process lies ahead.
There is surely the danger of another crisis similarly deep. I really hope politicians agree on the right policy to prevent a new breakdown that could prove fatal.
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Lehman's Lesson
Letting Lehman go was a mistake. The event triggered a three-month market panic the likes of which no one living can remember, shutting down the interbank credit market and ...
Posted by Derek Hawkins
