• VERBATIM: Triggers of the next financial crisis

    1 month ago - By Reuters

    Saturday marks the ten-year anniversary of the Lehman Brothers collapse and the global financial crisis it triggered. Reuters and key global financial figures reflect on the threats that may bring about the next economic catastrophe.
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  • The Treasury Secretary's hectic schedule after Lehman Brothers' collapse illustrates the chaos of the financial crisis

    The Treasury Secretary's hectic schedule after Lehman Brothers' collapse illustrates the chaos of the financial crisis

    1 month ago - By Business Insider

    Saturday marks exactly 10 years since the collapse of Lehman Brothers, the biggest bankruptcy in the history of the United States, and the defining event of the financial crisis.
    The days after Lehman's collapse were a frantic scramble to prevent the collapse of the whole financial system.
    At the heart of that scramble was Henry "Hank" Paulson, the then-US Treasury Secretary.
    An extract from Paulson's calendar two days after Lehman's collapse so just how hectic things were.
    Paulson had 42 calls or meetings between 7.00 a.m. and 1.20 p.m. on September 17, 2008.
    Exactly 10 years ago, Lehman...
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