US banks flourish five years after meltdown

Banks post record profits but millions of people still feel effects of recession triggered by Lehman Brothers collapse.

    It has been five years since former US investment bank Lehman Brothers collapsed, triggering the worst global financial crisis in decades.

    Millions of people around the world are still suffering the effects of the recession, but not the banks.

    The financial institutions blamed for the meltdown and their CEOs are back to posting record profits and bonuses.

    Al Jazeera's Cath Turner reports from New York.

    SOURCE: Al Jazeera


    YOU MIGHT ALSO LIKE

    How different voting systems work around the world

    How different voting systems work around the world

    Nearly two billion voters in 52 countries around the world will head to the polls this year to elect their leaders.

    How Moscow lost Riyadh in 1938

    How Moscow lost Riyadh in 1938

    Russian-Saudi relations could be very different today, if Stalin hadn't killed the Soviet ambassador to Saudi Arabia.

    Will you push the boundaries or play it safe?

    Will you push the boundaries or play it safe?

    Curate an art exhibition and survive Thailand's censorship crackdown in this interactive game.