On September 15, 2008, the all-powerful American investment bank, Lehman Brothers collapsed turning this day into a black Monday during which the the world economy has collapsedThe world’s fourth largest bank has gone bankrupt, unable to withstand the avalanche of losses generated by its heavy exposure to a saturated real estate market. unwanted mortgages.
Lehman Brothers was a global corporation financial servicesdedicated to the investment bank, to the real estate market and fixed income asset management. This company has enabled the sale of defaulters’ real estate mortgages to everyone. Defaults, lack of liquidity and investor distrust led to the bursting of the housing bubble and the collapse of the bank, the largest corporate collapse in history.
This fact caused a domino effect among the world’s major financial companies, which has led to a global economic crisisL.
LaSexta Noticias reported all the news about the bankruptcy of the investment bank Lehman Brothers and the impact that this event had on a global economy that has never been the same again.
