Investment bank Lehman Brothers announced its plan to file for bankruptcy after a plan to rescue it failed. Harry Smith talks with Liz Claman of Fox Business Network about its impact on Wall Street.

Coverage and Analysis of the CEO of Lehman being questioned by Henry Waxman in a Congress Hearing.

wwcreditcrunch.blogspot.com UK report on the crisis at Lehman Brothers.

10/6 Lehman Bankruptcy Richard Fuld (Chairman & CEO) Clip #8 Van Hollen (D-MD)

Top US investment bank Lehman Brothers filed for bankruptcy protection, a move that sent shockwaves through financial markets. The European Central Bank has injected $42bn into the money markets in a bid to calm market fears. The Asian and European markets have been plummeting over fears that other major investment banks on Wall Street will [...]

14th Sep 2008 Has the Bubble Just burst? Is this the start of the predicted US/World economic collapse? Preparations are being made in case the US investment bank Lehman Brothers has to file for bankruptcy protection. The firm was pushed to the brink on Sunday after UK bank Barclays pulled out of talks to buy [...]

On September 15, 2008, the firm filed for Chapter 11 bankruptcy protection following the massive exodus of most of its clients, drastic losses in its stock, and devaluation of its assets by credit rating agencies. The filing marked the largest bankruptcy in US history. The following day, the British bank Barclays announced its agreement to [...]

On September 15, 2008, the firm filed for Chapter 11 bankruptcy protection following the massive exodus of most of its clients, drastic losses in its stock, and devaluation of its assets by credit rating agencies. The filing marked the largest bankruptcy in US history. The following day, the British bank Barclays announced its agreement to [...]

On September 15, 2008, the firm filed for Chapter 11 bankruptcy protection following the massive exodus of most of its clients, drastic losses in its stock, and devaluation of its assets by credit rating agencies. The filing marked the largest bankruptcy in US history. The following day, the British bank Barclays announced its agreement to [...]