“We have never seen anything like this”

Eight years ago today, this is the cover story at the Wall Street Journal that you woke up to. Lehman would file for a $691 billion Chapter 11 bankruptcy shortly after the paper went to print – the largest in history.

Read it at the link below and remember what a real crisis looks like. I’ll never forget.

fiveyears-all-p23-normal

Crisis on Wall Street as Lehman Totters, Merrill Is Sold, AIG Seeks to Raise Cash (WSJ)

 

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