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The Lehman Brothers Bankruptcy, Five Years Later
ResumeFive years ago this week, the historic Wall Street institution Lehman Brothers collapsed.
With home prices falling and mortgage-backed securities in jeopardy, it was the worst panic on Wall Street since the Great Depression.
The Dow has now returned to pre-crisis levels, but have we learned anything since the Lehman collapse? Are we any safer?
Guest
- Cardiff Garcia, reporter at the Financial Times blog FT Alphaville. He tweets @CardiffGarcia.
This segment aired on September 9, 2013.