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0.000820008200081983 0.00276752767527671 0.00328003280032808 0.00297252972529732 0.00102501025010259 0.00225502255022549 -0.00266502665026641 -0.00266502665026641
Stock impact report

Dangers To The System Remain A Decade After Lehman's Collapse [Forbes]

Morgan Stanley (MS) 
Last morgan stanley earnings: 4/16 07:15 am Check Earnings Report
US:NYSE Investor Relations: morganstanley.com/about-us-ir
Company Research Source: Forbes
Tim Geithner, former U.S. Treasury secretary, left, speaks while Hank Paulson, chairman and founder of the Paulson Institute and former U.S. Treasury secretary, listens during a Brookings Institution discussion in Washington, D.C., U.S., on Wednesday, Sept. 12, 2018. The event is part of an initiative to document how and why the U.S. government's responses to the financial crisis of 2007-2009 were designed the way they were. Photographer: Zach Gibson/Bloomberg On September 15, 2008, the investment bank Lehman Brothers went bankrupt, setting off panic selling in the entire stock market as shares in banks and investment banks plunged to new lows. Lehman was the largest bankruptcy in American history and led to a run on the entire money market fund industry. That day, the Dow Jones Industrial Average lost 504 points In the wake of the Lehman bankruptcy, there was a severe threat to giant AIG, one of the largest insurance companies in the world. It took an $185 bi Show less Read more
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