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10 years of Lehman crisis: What we know, and the lessons we’ve learnt

Lehman BrothersSeptember 15, 2008 was the day when the US banking behemoth, Lehman Brothers, collapsed and sent economic shock waves across the globe. A few smaller banks had filed for bankruptcy prior to the Lehman collapse and others followed soon after. However, despite being affected by the crisis, many hard working Americans and people all over the world were clueless about how the US banking industry lost track of the market and let the entire system crash. Many still don”t know about it. Find out how Banks got greedy and the world economy collapsed.
Source: Business Standard