Lehman Brothers five years on

Is the financial world really a safer place five years on from the collapse of Lehman Brothers?

Many argue, in hindsight, Lehman Brothers should not have been allowed to go bust. However, back in September 2008, the authorities did not anticipate the devastating impact the collapse of the world’s fourth largest investment bank would have on the financial sector and the global economy. Much has changed since then, but key questions remain as to whether the reforms put in place since Lehmans went under have really made the financial world a safer place.  Over the past few years, there have been a myriad of regulatory responses to address the causes of the financial crisis, from...