Lessons from Lehman

Read the select collection of blog entries the NBR team has written about the financial crisis, and post your comments. Image of talk bubbles

We Still Have a Lot to Learn

About the Financial Crisis

posted by Darren Gersh

In the midst of the financial crisis, most of the attention has been on putting out the fire. Yes, we do no more than we did a year ago about why the meltdown was so swift and so global. Too much leverage, too many complex financial instruments. Overly optimistic homeowners... + More

From Fervor to Complacency in

Financial Regulation Reform

posted by Erika Miller

It seems hard to believe that here we are a year after Lehman's bankruptcy, and not much has been done to prevent another financial system meltdown. At first, I was worried Washington would over legislate as a knee-jerk reaction to the financial crisis. As you may recall, last March... + More

A list of websites you can visit to learn about Lehman Brothers and the U.S. financial crisis. Broken Piggy Bank

Congressional Research Service (PDF)

Gov't Accountability Office (PDF)

"History of Lehman Brothers"

Knowlege@Wharton

An NBR Series - Premieres Sept 14, 2009

On September 15, 2008, Lehman Brothers filed for bankruptcy. Though the foundations for the U.S. financial crisis were laid long before the collapse of the historic investment bank, Lehman's failure is now seen as the first major milestone in the sequence of events that weakened the U.S. financial system and contributed to the recession.

In a week-long series, the NBR team takes a look at what we've learned in the year since Lehman's collapse. Look for the "Lessons from Lehman" reports and interviews to appear here after they air in the nightly broadcast, and don't forget to explore our additional resources.