Washington Journal
Lehman Brothers and the Economy
2008-09-12T07:49:20-04:00https://ximage.c-spanvideo.org/eyJidWNrZXQiOiJwaWN0dXJlcy5jLXNwYW52aWRlby5vcmciLCJrZXkiOiJGaWxlc1wvZGNiXC8yODEwNzEtMDQtbS5qcGciLCJlZGl0cyI6eyJyZXNpemUiOnsiZml0IjoiY292ZXIiLCJoZWlnaHQiOjUwNn19fQ==Krishna Guha talked about news that the investment bank Lehman Brothers has been forced to restructure due to financial insecurity in the financial markets. This is the second investment bank in recent months (Bear Stearns was earlier this year) to announce that they had to restructure even though, unlike Bear Stearns, Lehman Brothers did not receive federal assistance. Mr. Guha also discussed how instability in the fiscal markets is impacting large investment banks, how that affects the overall economy, and how Washington makes decisions on when to assist. He responded to telephone calls and electronic mail.
Krishna Guha talked about news that the investment bank Lehman Brothers has been forced to restructure due to financial insecurity in the fi…
read more
Krishna Guha talked about news that the investment bank Lehman Brothers has been forced to restructure due to financial insecurity in the financial markets. This is the second investment bank in recent months (Bear Stearns was earlier this year) to announce that they had to restructure even though, unlike Bear Stearns, Lehman Brothers did not receive federal assistance. Mr. Guha also discussed how instability in the fiscal markets is impacting large investment banks, how that affects the overall economy, and how Washington makes decisions on when to assist. He responded to telephone calls and electronic mail. close
Krishna Guha talked about news that the investment bank Lehman Brothers has been forced to restructure due to financial insecurity in the fi… read more
Krishna Guha talked about news that the investment bank Lehman Brothers has been forced to restructure due to financial insecurity in the financial markets. This is the second investment bank in recent months (Bear Stearns was earlier this year) to announce that they had to restructure even though, unlike Bear Stearns, Lehman Brothers did not receive federal assistance. Mr. Guha also discussed how instability in the fiscal markets is impacting large investment banks, how that affects the overall economy, and how Washington makes decisions on when to assist. He responded to telephone calls and electronic mail. close
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