Play Live Radio
Next Up:
0:00
0:00
Available On Air Stations

The Lehman Brothers Bankruptcy, Five Years Later

Lehman Brothers' building in Manhattan, before the company filed for bankruptcy in September 2008. (Edgar Zuniga, Jr./Flickr)
Lehman Brothers' building in Manhattan, before the company filed for bankruptcy in September 2008. (Edgar Zuniga, Jr./Flickr)

Five years ago this week, the historic Wall Street institution Lehman Brothers collapsed.

With home prices falling and mortgage-backed securities in jeopardy, it was the worst panic on Wall Street since the Great Depression.

The Dow has now returned to pre-crisis levels, but have we learned anything since the Lehman collapse? Are we any safer?

Guest

Copyright 2021 NPR. To see more, visit https://www.npr.org.