Where Were You When Lehman Brothers Collapsed?

From the floor of the New York Stock Exchange to the cubicles and boardrooms of New York’s biggest banks, when Lehman Brothers failed seemingly overnight, it was clear that the rules had suddenly changed. Here are some recollections of that day in September, 2008.

Continue reading Where Were You When Lehman Brothers Collapsed?

Where Were You When Lehman Brothers Collapsed? originally appeared on DailyFinance on Wed, 15 Sep 2010 14:40:00.

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Where Were You When Lehman Brothers Collapsed?

From the floor of the New York Stock Exchange to the cubicles and boardrooms of New York’s biggest banks, when Lehman Brothers failed seemingly overnight, it was clear that the rules had suddenly changed. Here are some recollections of that day in September, 2008.

Continue reading Where Were You When Lehman Brothers Collapsed?

Where Were You When Lehman Brothers Collapsed? originally appeared on DailyFinance on Wed, 15 Sep 2010 14:40:00.

Filed Under: , , , ,

Blaming Short Sellers: A Pointless Post-Lehman Game

The former CEO of Lehman Brothers, Richard Fuld, blames the firm’s collapse on hedge funds and short sellers that bet on declines in Lehman’s stock price. That explanation may be satisfying for Fuld, but there’s one problem — …

Two Years After Lehman, Corporate Credit Is Flowing Again

Many aspects of the financial crisis are still with us. But when it comes to one of the most profound economic impacts of the 2008 meltdown — the downright seizure of credit markets — things could hardly be more different now…