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The Treasury Secretary’s hectic schedule after Lehman Brothers’ collapse illustrates the chaos of the financial crisis





Hank Paulson

  • Saturday marks exactly 10 years since the collapse of Lehman Brothers, the biggest bankruptcy in the history of the United States, and the defining event of the financial crisis.
  • The days after Lehman’s collapse were a frantic scramble to prevent the collapse of the whole financial system.
  • At the heart of that scramble was Henry “Hank” Paulson, the then-US Treasury Secretary.
  • An extract from Paulson’s calendar two days after Lehman’s collapse so just how hectic things were.
  • Paulson had 42 calls or meetings between 7.00 a.m. and 1.20 p.m. on September 17, 2008.

Exactly 10 years ago, Lehman Brothers collapsed into administration. It was the read more >>>

Source:: BusinessInsider.Com

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