Lehman Brothers - The Bank That Bust The world (58 min video) key takeaways from this video?

Answer 1

1. Lehman Brothers was a global financial services firm that played a significant role in the 2008 financial crisis.
2. The company was heavily involved in the subprime mortgage market, which ultimately led to its downfall.
3. Lehman's bankruptcy in September 2008 sent shockwaves through the global financial system, leading to a widespread economic downturn.
4. The collapse of Lehman Brothers highlighted the risks of excessive leverage and risky financial practices in the banking industry.
5. The aftermath of Lehman's bankruptcy led to widespread government intervention and regulatory reforms to prevent future financial crises.
6. The video explores the events leading up to Lehman's collapse and the impact it had on the global economy.