Video: Lehman’s collapse a year on

A look back on the fate of Lehman Brothers and the repercussions it had on the world.

Lehman Brothers bank sign

special report
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We look at the aftermath of the world economic crisis

One year ago today, the fate of global finance was hanging in the balance. Frantic negotiations were under way to save Lehman Brothers, one of Wall Street’s investment giants.

At the last minute, a plan for a British takeover fell through and the company collapsed – an event widely seen as the tipping point into the present global economic crisis.

Owen Fay looks back on the fate of Lehman Brothers and the repercussions it has had across the financial world.

Source: Al Jazeera