The Year Since Lehman: Times of Crisis

Financial Chief Executives wait to speak to the media at the White House after a meeting about the economy with U.S. President Barack Obama in the State Dining Room in Washington, March 27, 2009. REUTERS/Larry Downing

Losing the battle against "group-think" disease

All of Wall Street's bank analysts were caught out by the financial collapse, and few have redeemed themselves since. Even star analysts like Meredith Whitney whiffed on Lehman's problems and this year's turnaround.  Full Article 

Exclusive Interview

Protestors hold signs behind Richard Fuld, chairman and chief executive of Lehman Brothers Holdings, as he takes his seat to testify at a House Oversight and Government Reform Committee hearing on the causes and effects of the Lehman Brothers bankruptcy in Capitol Hill, Washington October 6, 2008. REUTERS/Jonathan Ernst (UNITED STATES)
Richard Fuld

The unrepentant former CEO of Lehman Brothers is bracing for the anniversary of the firm's failure. In an exclusive interview at his remote Idaho home, Fuld tells Reuters: "You don't have a gun, that's good."   Full Article 

U.S. golfer Heath Slocum (R) holds the trophy with Barclays President Robert E. Diamond Jr (L) after winning the Barclays golf tournament at Liberty National Golf Course in Jersey City, New Jersey, August 30, 2009. REUTERS/Lucas Jackson
To the victors, the spoils: a post-Lehman scorecard

For Barclays and Nomura, the collapse of Lehman Brothers was the opportunity of the lifetime: a chance to grab a seat at banking's top table as Wall Street's giants fell.   Full Article 

 
After Lehman, U.S. firms adjust to new face of credit

A year after the collapse of investment bank Lehman Brothers, frozen credit markets are piecing themselves together again but the face of borrowing is dramatically different.  Full Article 

analysis

Patience needed in post-Lehman deal making

Dealmakers are not known for their patience. Yet that's what's needed more than anything else a year after Lehman's collapse. Much of the M&A work now is either advising failed companies on restructurings or organizing fire sales.  Full Article 

Financial reform may fail to avert another Lehman

The collapse of Lehmanhas been likened to the 1994 crash that killed Ayrton Senna. But while resulting the Formula One reforms were effective, governments are not finding it nearly as easy to make quick and comprehensive changes to financial regulation  Full Article 

 
 

Markets since Lehman: A closer look

  • Junk Bonds
  • Rising Stocks
  • Financial Shares
  • Safe Havens
  • CDOs
Credit markets today have healed after the entire U.S. junk bond market traded at distressed debt levels suggesting a substantial risk of default. Those bond prices have since recovered and now offer investors returns of 40 percent to lead major asset classes.

Interactive Feature

A bull styrofoam figure is pictured in front of the DAX board at the Frankfurt stock exchange September 16, 2008.   REUTERS/Alex Grimm (GERMANY)
Times of Crisis

A web documentary weaving photos, text and video together into an interactive timeline charting the year of upheaval since the collapse of Lehman Brothers.  Full Coverage 

Commentary

Bank ‘living wills’ easier said than done

Regulators have sought to find a better way to unwind global financial giants. One approach is that the banks themselves should prepare for their own orderly demise.   Commentary 

 
It’s still a housing story

A year after the Lehman Brothers bankruptcy, It's worth remembering that housing was a root cause of the financial crisis — and that it had many victims.  Commentary 

 
Banking? Keep it simple stupid

Complexity has become a curse. If nobody can understand financial firms, they will become ever more accident prone.  Commentary 

 
Winning back the public’s trust

The fall of Lehman Brothers signaled a further decline in the public’s trust in business. One year on, has anything changed?  Commentary 

Times of Crisis: One Year Later

A street sign marking Main Street stands in Port Washington, New York October 8, 2008.  REUTERS/Shannon Stapleton
How has the credit crisis affected you?

The demise of Lehman Brothers sparked a series of reactions that have spread hardship into the four corners of the globe. If you or your family have been affected by the events of the past year, we'd like to hear from you.  Blog