Lehman Brothers
latest news & developmentsBanking shock exposes cheap cash addiction
The turmoil, which some say was inevitable given aggressive hiking cycles, exposes the dependency of advanced economies on cheap credit
What 10 years post-2008 tell us
Global growth has been surprisingly strong, but the surge in buybacks is limiting expenditure and could cause more political turmoil
Austerity is an assault on the poor
Hyper-cartels now determine the global market, feeding the few and starving the many
Turkey’s lira turmoil could herald a global financial crisis
A decade of unconventional monetary policy has stored up immense vulnerabilities in the world economy
Africa still scares fund managers
Once called the "dark continent", Africa is now better known as the next growth frontier and is ripe for investment opportunities
Ireland may be Europe’s only hope
Ireland was the Icarus economy. An export sector that does not rely on banks for funding has managed to keep the economy afloat.
9/11 more akin to the Titanic disaster than Pearl Harbour
In the long run, the 15 September 2008 collapse of Lehman Brothers is likely to be seen as more significant than the fall of the Twin Towers.
Greece: The new Lehmans
If Athens reneges on its debts it will shatter the markets’ confidence in the eurozone project.
Examiner sees accounting gimmicks in Lehman demise
Lehman Brothers Holdings used accounting gimmicks and had been insolvent for weeks before it filed for bankruptcy in September 2008.
Too hot to handle: how Lehman Brothers went down
For the next four weeks, the fear that any bank anywhere, no matter how big, could be at risk would stalk the markets.
Obama lashes out at Wall Street
United States President Barack Obama bluntly warned on Monday that some Wall Street bosses were ignoring lessons of the financial crisis.
Obama tries to reinvigorate Wall Street reform
Barack Obama will push for stricter oversight of Wall Street, using the anniversary of Lehman Brothers’ collapse to argue for sweeping changes.
To the victors, the spoils: a post-Lehman scorecard
For Barclays and Nomura, the collapse of Lehman Brothers was the opportunity of the lifetime — a chance to grab a seat at banking’s top table.
Global slowdown to take heavy toll on mental health
Chiu Hei-chun spent 50 years washing dishes at a roadside stall in Hong Kong only to lose his life savings when Lehman Brothers went belly up.
Bailing out Big Motor
Having sabotaged eco-innovations, the motor industry is now demanding billions, writes George Monbiot.