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Tag: Lehman Brothers

This Happened — September 15: Lehman Brothers Bankruptcy

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Post date September 15, 2023

Lehman Brothers, a global financial services firm, filed for Chapter 11 bankruptcy on this day in 2008. This event was significant in the 2008 financial crisis and had far-reaching implications for the global economy and financial markets. What is Chapter 11 bankruptcy? Chapter 11 bankruptcy is a legal process in the United States that allows […]

Tags 2008 crisis, bankrupt, bankruptcy, debt, economics, finance, financial market, Lehman Brothers, lehman brothers' bankruptcy, liquidation, market crash, mortgage crisis, wall street, Wall Street Crash

In The News

How SVB Is Different Than Lehman — And Not Different Enough

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Post date March 14, 2023

A Silicon Valley Bank (SVB) branch office in Pasadena, California Ringo Chiu/ZUMA

The fall of Silicon Valley Bank revives memories of Lehman Brothers’ bankruptcy. The two situations have some fundamental differences, but there is enough in common that the risks that SVB could spark a new global financial crisis is very real.

Tags 2008, 2008 crisis, bankruptcy, finance, financial crisis, lehman and svb, Lehman Brothers, lehman brothers' bankruptcy, new century financial, new century financial collapse, silicon valley bank, svb, svb closure

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On This Day – September 15

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Post date September 15, 2016

Tags and Costa Rica, el salvador, guatemala, honduras, Lehman Brothers, nicaragua, The Sun, Tom Hardy, united states

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