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Audio slideshow: Lehmans' last day | Audio slideshow: Lehmans' last day |
(1 day later) | |
The collapse of Lehman Brothers - in September 2008 - was the biggest bankruptcy in US corporate history. The bank had incurred losses of billions of dollars in the US mortgage market. | The collapse of Lehman Brothers - in September 2008 - was the biggest bankruptcy in US corporate history. The bank had incurred losses of billions of dollars in the US mortgage market. |
The resulting shockwave that week was far reaching - with share prices plunging around the world, and other financial companies coming perilously close to the same fate as Lehmans'. | The resulting shockwave that week was far reaching - with share prices plunging around the world, and other financial companies coming perilously close to the same fate as Lehmans'. |
Here - with the help of BBC Radio reports from that week - see how events unfolded. | Here - with the help of BBC Radio reports from that week - see how events unfolded. |
Not all images have captions. | Not all images have captions. |
Photographs courtesy PA, AP and Getty Images. Music courtesy KPM Music.Slideshow production by Paul Kerley. Publication date 14 September 2009. | |
Links In Depth - Global Recession: Aftershock | |
More audio slideshows A guide to the credit crunch Obama's first 100 days The motor city and its music | More audio slideshows A guide to the credit crunch Obama's first 100 days The motor city and its music |
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