Last September the collapse of Lehman Brothers tipped the world into the greatest financial crisis for eighty years. Now, one year on, in the first part of a major three part series on the crash, the BBC offers the definitive account of what happened.
An unrivalled cast of contributors from national leaders, finance ministers and CEOs describe their tense negotiations in New York and London as Lehman Brothers headed towards bankruptcy. The likes of Gordon Brown, Tim Geithner and Alistair Darling reveal the dilemmas they faced and the decisions they took. The programme explains why the collapse of one bank had such disastrous consequences for the world's economy heralding the global recession.
The Bank That Bust the World in more depth
Light-touch London
photos.com
Gillian Tett, Assistant Editor of the Financial Times guides us through the growth of risk taking and use of derivatives in the finance sector; and... Read more : Light-touch London
The housing crash and the man who saw it coming
BBC
Professor Nouriel Roubini of Stern Business School discusses how he predicted the financial bubble bursting two years ahead of the crash and was ignored by... Read more : The housing crash and the man who saw it coming
The Age of Risk
The second episode in the series considers how we changed our attitude to risk, learned to live with debt and, above all, how governments stepped back from regulating any of it in The Age of Risk.
![Polling Station signage [Image: kagey b under CC-BY-NC-ND licence]](/openlearn/files/ole/ole_images/places/general-urban-scenes/polling-station-sign/polling station sign_0_0.jpg)
Be the first to post a comment.
Login or Register to post comments