Not Too Big To Fail: Lehman Brothers Went Bankrupt On This Day 15 Years Ago – Indiatimes.com

On September 15th, 2008, the US witnessed its biggest ever bankruptcy filing when Lehman Brothers collapsed.  Even after 15 years, Lehman Brothers collapse remains the US biggest bankruptcy. It shocked not only the United States but, in fact, the entire world, especially because the American global banking giant, which was founded in 1847, was deemed too big to fail. Lehman…