Lessons from Lehman – averting another crisis

Financial crisis: In this Sept 15, 2008, file photo, traders are seen at the New York Mercantile Exchange in New York. A decade ago, as Lehman Brothers went bust, the S&P 500 plunged 4.6 and would incur worse losses in the ensuing months. — AP

THE collapse of US investment bank Lehman Brothers on Sept 15, 2008 sent shockwaves through the market.

Schroders explains the impact in the decade since.