France's top banks – including BNP Paribas, Société Générale and Dexia – are demanding billions of dollars from the administrator of Lehman Brothers over the Wall Street investment bank's September 2008 collapse.
In this edition: One year ago, Wall Street's Lehman Brothers collapsed, setting the stage for the worst crisis since the Great Depression; Barack Obama fights back on healthcare; and Las Vegas welcomes the first bloodless bullfight "made in USA".
Today on the Web: Net users look back at the collapse of Lehman Brothers a year ago; in Iran, initiatives are still appearing to pay tribute to people that died during protests; a novel way to attract tourists to Denmark.
US President Barack Obama has described the financial crisis as a "collective failure" of both Washington and Wall Street, and called for an overhaul of the financial system a year after the collapse of Lehman Brothers.
US President Barack Obama has described the financial crisis as a "collective failure" of both Washington and Wall Street, and called for an overhaul of the financial system, in a speech to mark one year since the collapse of Lehman Brothers.
On September 15, 2008, Lehman Brothers went bankrupt, victims of the subprime crisis and excessive risk-taking. Exactly one year after the scandal, former employees reflect on the fall and its consequences.
US President Barack Obama will deliver a major economic policy speech ahead of the one-year anniversary on Tuesday of the bankruptcy of Wall Street giant Lehman Brothers, a stunning failure that helped launch the global financial crisis.
