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US Notebook: Lehman Brothers Collaspe 10 Years

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Lehman Brothers went bust in 2008.

A decade ago, as Lehman Brothers went bust and the fragile financial system was teetering, fund investors wondered how bad it could get. (AP Photo/Seth Wenig) Source: AP

Before its demise, Lehman Brothers was one of the big brothers of Wall Street. It was the fourth biggest investment bank behind Goldman Sachs, Morgan Stanley and Merrill Lynch leading into the global financial crisis.Chris Lu reports what economic analysts' views on its Collaspe after 10 years.

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By Ida Cheung

Presented by Chris Lu

Source: SBS

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Before its demise, Lehman Brothers was one of the big brothers of Wall Street. It was the fourth biggest investment bank behind Goldman Sachs, Morgan Stanley and Merrill Lynch leading into the global financial crisis.Chris Lu reports what economic analysts' views on its Collaspe after 10 years.

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