Comment & Analysis
Lehman lessons weigh on Cyprus talks but 1920s slump must not be ignored
One Sunday in September 2008, the world waited for the expected rescue of Lehman Brothers by the US Treasury. It didn't happen. When no buyer could be found, the plug was pulled on the investment bank. The assumption that Lehman was too small to matter proved wrong – disastrously wrong….
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Click here to read the full story: The Guardian