Business Standard

10 years of Lehman crisis: What we know, and the lessons we've learnt

From banks getting greedy and pushing to world towards a disaster, to knowing the people who kept the India economy standing, the world has seen a lot since Lehman Brothers collapsed 10 years ago

Lehman Brothers
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Lehman Brothers had hoped to sell off a stake in its investment unit to raise capital and use the funds to take care of some of its toxic assets, with possible asset sales by September 10, 2008. But investors weren't convinced and the shares continue

BS Web Team New Delhi
September 15, 2008 was the day when the US banking behemoth, Lehman Brothers, collapsed and sent economic shock waves across the globe. A few smaller banks had filed for bankruptcy prior to the Lehman collapse and others followed soon after. However, despite being affected by the crisis, many hard working Americans and people all over the world were without a clue about how the US banking industry lost track of the market and let the entire system crash. Many still don't know about it. Find out how Banks got greedy and the world economy collapsed.

But who were the

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