TheGuardian – Lehman Brothers Collapse: Five Years On, We’re Still Feeling The Shockwaves – 13 September 2013

The Guardian

Lehman’s trillion-dollar bankruptcy shook the foundations of the global economy. Larry Elliott retraces the reverberations

Green shoots of recovery were bursting out all over as Mark Carney, the new governor of the Bank of England, presented his first health check on the UK economy. Napoleon hungered for “lucky generals” and George Osborne appeared to have followed the Bonapartist doctrine to the letter when he poached Carney from the Bank of Canada.

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