The Last of Lehman Brothers
The bank whose collapse marked the beginning of the 2008 financial crisis is only mostly dead.
These are the people attending to its last remains ahead of its final court cases.
Lucca De Paoli and Jeremy Hill Business Week 18 maj 2022
https://www.bloomberg.com/features/2022-lehman-brothers-collapse-plan-repay-after-bankruptcy/
Lehman infamously was allowed to fail — in part at least as retribution for past perceived misdeeds.
To be clear, Lehman’s collapse did not cause the financial crisis, but ... Hank Paulson to push the group into bankruptcy rather than find a rescue solution, was significant — world-changing even.
Patrick Jenkins, Deputy Editor Financial Times, 14 March 2022
https://englundmacro.blogspot.com/2022/03/russian-sanctions-world-should-remember.html
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