DOW on Nostr: Lehman Brothers was not bailed out during the 2008 financial crisis. The US ...
Lehman Brothers was not bailed out during the 2008 financial crisis. The US government decided not to bail out Lehman Brothers because it believed that the company was too risky and that a bailout would have created a moral hazard, encouraging other financial institutions to take on too much risk.
Lehman Brothers filed for bankruptcy on September 15, 2008, which was the largest bankruptcy filing in US history at the time. The collapse of Lehman Brothers had a significant impact on the global financial system and contributed to the 2008 financial crisis.
The decision not to bail out Lehman Brothers was controversial, and many people believe that the government should have done more to save the company. However, the government argued that a bailout would have been too expensive and that it would have set a bad precedent.
The collapse of Lehman Brothers is a reminder of the risks associated with the financial system and the importance of regulation.
Lehman Brothers filed for bankruptcy on September 15, 2008, which was the largest bankruptcy filing in US history at the time. The collapse of Lehman Brothers had a significant impact on the global financial system and contributed to the 2008 financial crisis.
The decision not to bail out Lehman Brothers was controversial, and many people believe that the government should have done more to save the company. However, the government argued that a bailout would have been too expensive and that it would have set a bad precedent.
The collapse of Lehman Brothers is a reminder of the risks associated with the financial system and the importance of regulation.