Nightmare on Wall Street

A weekend of high drama reshapes American finance

Even by the standards of the worst financial crisis for at least a generation, the events of Sunday September 14th and the day before were extraordinary.

The weekend began with hopes that a deal could be struck, with or without government backing, to save Lehman Brothers, America's fourth-largest investment bank. Early Monday morning Lehman filed for Chapter 11 bankruptcy protection. It has more than $613 billion of debt.

The Economist 15 September 2008, Repeat 2008

https://www.economist.com/finance-and-economics/2008/09/15/nightmare-on-wall-street



Lehman Brothers 

https://internetional.se/lehman911.htm



Kommentarer

Populära inlägg i den här bloggen

Niklas Ekdal, bunkergängets apologet

Röd Öppning - Red Opening

Tickande bomben i Heimstaden AB