Another American bank fails: Lehman Brothers

by admin on 26/03/09 at 3:24 pm

After the nationalization of the two U.S. banks, the government seems to have closed the door to requests for help. A major U.S. bank Lehman is bankrupt and it brings back a lot of problems. The bank was one of the largest banks with investments in subprime mortgages and for this reason had to close the business.

The bank had also requested assistance to the U.S. Government, perhaps nationalizing as has been done to my colleagues, but perhaps this time the bank had no Lehman-scale investors such as China and Russia.

Perhaps some cruel, perhaps only the free market, but the mortgage crisis has also cut the bank. Time seems to move a chain that seems to bring the mind to 1929, when he arrived on Thursday and slowly the black U.S. banks failed.

The scholarships have logically responded very badly to this failure and who knows what will result in Europe this further crack America.

The British bank Barclays would buy some assets of American banks, we will see below how you will deal with the issue.

Related Post

Leave a Comment