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Leery After Lehman

Since the Lehman Brothers bankruptcy five years ago, we've seen several notable shifts in how investors have been allocating their investment dollars.

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Do you remember where you were Sept. 15, 2008? Depending on how closely you follow the financial news, you may or may not recall that that's the day Lehman Brothers filed the largest corporate bankruptcy in U.S. history, a move that marked the worsening of a crisis set in motion by the bursting of the housing bubble and an increasing number of defaults on subprime mortgages.

Whether you remember that day specifically or not, you probably recall the weeks and months that followed as the crisis sent the market into a frenzy, with the Dow Jones Industrial Average swinging hundreds of points daily. The market would reach a bottom about six months later and then begin the bull run that continues to this day.

Adam Zoll does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.

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