
Why the Lehman Brothers Failure Led to the Great Crisis of 2008
Exactly 16 years have passed since September 15, 2008, when the American LehmanBrothersthe world’s fourth largest bank, said bankruptcygiving way to the largest banking failure in history (or, as some economists put it at the time, simply “a huge catastrophe”). The causes of the financial collapse of this major bank – explained in a superb way by Adam McKay’s Oscar-winning ...








