Explore "lehman brothers" with insightful episodes like "On the front lines of the crisis" and "38: The Fed Made a Massive Mistake Letting Lehman Go" from podcasts like ""Behind the Money" and "Odd Lots"" and more!
Nick was a regulator at the London Stock Exchange. Julia was an entrepreneur whose home was foreclosed. Ten years on from the collapse of Lehman Brothers we talk to two people with different perspectives on the lessons of the global financial crisis.
Review clips: AP, CBS.
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There's nothing better than financial crisis hindsight and earlier this month we got a big dose of it in the form of a 218-page paper by Laurence Ball, Department of Economics Chair at Johns Hopkins. In the paper, Ball makes the case that — contrary to statements by some policymakers — Lehman Brothers could have been rescued back in 2008 and the U.S. made a massive mistake in choosing not to do so. We talk to Ball about the genesis of the paper and what it means for markets today.
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