Financial market is governed by sentiments... Lehman got something worst out of it.

Sumit Kumar
MBA student, NDIM, New Delhi
sumitcool@yahoo.com

Lehman Brothers' financial free fall

Lehman Brothers' financial free fall resulted from its position in the mortgage backed securities market. As an investment bank, Lehman Brothers followed the lead of Salomon Brothers, that invented the non-Fannie/Ginnie Mae mortgage-backed securities business.

M. Arif
Sr. Software Engineer
IBM India, New Delhi
arif_zee@msn.com

A trickier question is what affect the broader issues in the financial markets have for the development. And, well, it's hard to say, as all sorts of countervailing forces are at work.

Tarique Sohail
Business Development
ITH, New Delhi