When the financial firm Lehman Brothers collapsed in 2008 due to risky investments in mortgage-backed securities, it was the largest corporate failure in U.S. history and a major factor in the ...
In the early 2000s, subprime loans were a newly introduced mortgage category ... were no longer able to raise funds from securities markets. Lehman Brothers declared bankruptcy on September ...
Tomorrow is the tenth anniversary of Lehman Brothers going bust ... and had tried to boost its position by embracing the mortgage-backed securities boom wholeheartedly. As a result, it was ...