Lehman's slow collapse began as the mortgage market crisis, its stock began a steady fall from a peak.The fears were based on the fact that the firm was a major player in the market for subprime and prime mortgages, and that as the smallest of the major Wall Street firms, it faced a larger risk that large losses could be fatal.
Most affected are the investment bank and Lehman Brothers.
Sumit Bhandari
timus2002@gmail.com
sumitb_ june07@mba.isquareit.ac.in
Sunday, September 21, 2008
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