Economy

Recovery From Financial Crisis Limps On 10 Years After Lehman Brothers Bankruptcy

Sept. 15, 2018, marks the 10-year anniversary of the bankruptcy of U.S. investment bank Lehman Brothers—the one event most closely associated with the onset of the global financial crisis.
Recovery From Financial Crisis Limps On 10 Years After Lehman Brothers Bankruptcy
The Lehman Brothers’ name is illuminated at its headquarters on Sept. 15, 2008, in New York City. Mario Tama/Getty Images
Rahul Vaidyanath
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Sept. 15, 2018, marks the 10-year anniversary of the bankruptcy of U.S. investment bank Lehman Brothers—the one event most closely associated with the onset of the global financial crisis.

What followed was a game-changing period that saw massive destruction of wealth, economic turmoil, and change. Although there has been considerable healing, major economies and financial markets are still not back to normal.

Rahul Vaidyanath
Rahul Vaidyanath
Journalist
Rahul Vaidyanath is a journalist with The Epoch Times in Ottawa. His areas of expertise include the economy, financial markets, China, and national defence and security. He has worked for the Bank of Canada, Canada Mortgage and Housing Corp., and investment banks in Toronto, New York, and Los Angeles.
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