8 years ago Lehman Brothers became the ‘only true icon to fall in a tsunami’ that rocked the global economy
|09/15/2016||Posted by BusinessMediaguide.Com under General World News||
On September 15, 2008 investment banking giant Lehman Brothers filed for Chapter 11 bankruptcy, becoming the largest bankruptcy by asset value.
The collapse of Lehman Brothers set off shockwaves throughout global markets and economies.
It’s hard to sum up the impact of that day, but the judge in Lehman’s bankruptcy proceedings — James Peck — described the overwhelming fear of the moment fairly well.
In his decision to allow Lehman to let read more >>>