Why was Lehman Brothers the only bank that wasn't too big to fail? The economist Laurence M. Ball claims, the US FED could have saved Lehman Brothers and avoided the extreme consequences of the financial crisis.
Debt accumulated by US students has never been higher than in 2018, estimates show. Student loans account for the second-biggest pile of debt in the US, only trailing mortgages. Sophie Schimansky reports from New York.
Federal Reserve policymakers have raised the key interest rate one more time, thus drawing the ire of the US president. He had insisted a renewed rate hike would be bad, considering global economic uncertainties.
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.
© 2019 Deutsche Welle |
Legal notice |
| Mobile version