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Austin American-Statesman
Bankers, government were blind to the consequences of Lehman Brothers' collapse
That's what Lehman Brothers Holdings Inc. executives predicted before they filed the biggest bankruptcy in U.S. history. Full Article at Austin American-Statesman
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A year after the collapse of Lehman Brothers, the investment firm's demise has come to mark the beginning of a crisis that reshaped the financial sector and deeply scarred the global economy. Full Article at eTaiwan News
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The collapse of Lehman Brothers came as a shock to some employees Now occupied by Barclays, the building was once the home of Lehman Brothers - a proud Wall Street banking giant brought to its knees in the biggest bankruptcy in US corporate... Full Article at Pakistan News.net
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Kevin White's experience as a creator of debt securities is helping him value and restructure them now. Would panic prevail? That was the question gripping the world in the days surrounding the fall of Lehman Brothers on Sept. 15, 2008. Full Article at Fortune
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It is a year since Lehman Brothers did duty as the financial equivalent of the 50 megaton Tsar Bomba. The Soviet plane that dropped the bomb in 1961 barely escaped the fireball. Full Article at Economic Times
Related Quotes
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Ice-nine was invented by a crackpot scientist, and it was unleashed by mistake
– Simon Johnson SOURCE: Austin American-Statesman -
It wasn't a mistake to let Lehman fail; it was a mistake to let them go without putting foam on the tarmac ... If they had a variety of stakeholders in the room, those stakeholders would have told the regulators they needed to do something about commercial paper.
SOURCE: Austin American-Statesman -
They put the entire financial system at risk, and they didn't have to
SOURCE: Austin American-Statesman -
There should have been much more discussion about the impact directly on the markets if Lehman went bankrupt.
