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 Brothers Declared Bankruptcy On September 15th, 2008
guardian
Lehman Brothers was a global financial services giant that provided investment banking, trading, investment management, private banking, research, brokerage, private equity, and associated services. Lehman Brothers was one of the largest investment banks in the United States until Sept. 15, 2008, w…
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