How Lehman collapsed

Financial Times by Francesco Guerrera | Sep. 14, 2009 (Special Report)

(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

See All Reviews »

View

4.5

by Manfred Ostrowski - Sep. 15, 2009

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.