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A decade on, Global Financial Crisis still reverberates

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A sign in front of Lehman Brothers in New York on September 15, 2008.

A sign in front of Lehman Brothers in New York on September 15, 2008. Source: AAP

It would become known as the Global Financial Crisis - the GFC - but, to many, its centrepiece was New York, September 2008, the day the banking giant Lehman Brothers filed for bankruptcy.

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By Peggy Giakoumelos

Source: SBS

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It would become known as the Global Financial Crisis - the GFC - but, to many, its centrepiece was New York, September 2008, the day the banking giant Lehman Brothers filed for bankruptcy.

While the financial crisis did not seriously affect Australia, economic growth did slow significantly as a result.

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