Friday, 12 September, 2008: The long-established investment bank is reeling – still, everyone thinks it will be saved. By Monday, 15 September, they're bankrupt, setting the financial crisis rolling. Chronicle of a traumatic weekend.
The demise of Lehman Brothers shook the finance world and had enormous knock-on effects globally. Even those who had never heard of the investment bank were impacted. Ten years on, we answer some fundamental questions.
Ten years after the bankruptcy, the documentary The Crash – The Investment Bank Lehman Brothers charts the risky rise and ruinous fall of a global financial services giant.
A decade after the Lehman Brothers' bankruptcy, the US economy is growing. Americans feel safe and are even optimistic. But economists warn that appearances are deceptive.
Economist Thomas Straubhaar reflects on what we've learned a decade after the Lehman Brothers crash. His biggest lament is that the economic theories we so badly wanted to be true ultimately proved so fallible.
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