Five years since Lehman collapse

Updated
Lehman Brothers
Lehman Brothers

It was in the early hours of Monday September 15, five years ago, when US investment bank Lehman Brothers collapsed into bankruptcy, setting in train the worst financial crisis in living memory.

Once the fourth biggest investment bank in the world, it was the largest corporate failure in history and one that created an aftershock that tipped the banking sector into meltdown, sending the global economy into deep recession.
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