Sep 14, 2018

A view from the center of the Lehman Brothers collapse

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(U.S. Edition) There are only 14 weeks to go until Christmas. Perhaps it's a little too early to think about holiday shopping, unless you're a retailer. With a mere few months to go before holiday shopping season, companies are gearing up to hire a lot of workers. Also, 10 years ago, Lehman Brothers was on the verge of filing for bankruptcy. It eventually became the largest bankruptcy in history. On Friday, we spoke with Tom Russo, who was the general counsel of Lehman Brothers at the time, as part of our Divided Decade series examining the 2008 financial crisis. Today's show is sponsored by Indeed (indeed.com/marketplace) and the U.S. Bank Altitude Reserve Visa Infinite Card (usbank.com/altitude).(09/14/2018)

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A view from the center of the Lehman Brothers collapse

by
Sep 14, 2018
Tom Russo, former general counsel at Lehman Brothers and AIG, talked to us about how the fall of Lehman Brothers could have been stopped.
Kiyoshi Ota/Getty Images

(U.S. Edition) There are only 14 weeks to go until Christmas. Perhaps it’s a little too early to think about holiday shopping, unless you’re a retailer. With a mere few months to go before holiday shopping season, companies are gearing up to hire a lot of workers. Also, 10 years ago, Lehman Brothers was on the verge of filing for bankruptcy. It eventually became the largest bankruptcy in history. On Friday, we spoke with Tom Russo, who was the general counsel of Lehman Brothers at the time, as part of our Divided Decade series examining the 2008 financial crisis. Today’s show is sponsored by Indeed (indeed.com/marketplace) and the U.S. Bank Altitude Reserve Visa Infinite Card (usbank.com/altitude).(09/14/2018)

The team

Stephen Ryan Producer, BBC