Financial Services: 5 Years After Lehman
After the Lehman bankruptcy, swift, decisive action by U.S. officials managed to stabilize banks in relatively short order and dramatically reduced (but not eliminated) the chances of another crisis.
Jeremy Glaser: For Morningstar, I'm Jeremy Glaser.
It's been five years since the Lehman Brother bankruptcy shook up the financial-services sector and the global economy. I'm here with Jim Sinegal, our director of financial-services research, to take a look back at the Lehman bankruptcy and also how the sector has changed over the last half decade.
Jeremy Glaser does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.