Lehman Brothers collapse, one year on
Updated on 14 September 2009
Lehman Brothers bankrupt, AIG rescued and HBOS-Lloyds merge - we look back at the week that triggered a financial meltdown.
On this day in 2008 banking giant Lehman Brothers collapsed.
It was the largest financial bankruptcy in US history and triggered a global financial meltdown whose repercussions are still being felt.
As Channel 4 News reported, the week of 15-19 September 2008 was one of economic turmoil which also saw Merrill Lynch bought, AIG rescued and a HBOS-Lloyds merger.
15 Sep 2008
- Lehman Brothers collapse
16 Sep 2008
- Stocks fall in the fallout of the Lehman collapse
- Fear, panic and frantic selling on the stock market
- HBOS shares fall 22 per cent
17 Sep 2008
- HBOS shares up amid Lloyds merger speculation
- UK government pushes HBOS-Lloyds merger
18 Sep 2008
- HBOS saved from collapse as £12bn takeover deal with Lloyds agreed
- 40,000 jobs threatened in bank merger
19 Sep 2008
- UK stock market sees biggest one-day jump since 1984
