Advertising Console

    Recovery hopes a year after Lehman collapse - 14 Sept 09

    Repost
    Al Jazeera English

    by Al Jazeera English

    5.1K
    6 views
    One year ago today, the fate of global finance was hanging in the balance. Frantic negotiations were underway to save Lehman Brothers, one of Wall Street's investment giants.

    At the last minute, a plan for a British takeover fell through and the company collapsed - an event widely seen as the tipping point into this global economic crisis.

    Owen Fay looks back on the fate of Lehman Brothers and the repercussions it has had across the financial world.