The largest bankruptcy in US history. $639 billion in assets. Zero warning. The day the global financial system froze.
Lehman Brothers Collapse
Tick 0 / 180 — 0 / 12 events
Speed
090180
market shock
institution failure
regulatory action
liquidity event
confidence shift
intervention
What Happened
Bear Stearns collapses. Fannie and Freddie nationalized. Then — on September 15, 2008 — Lehman Brothers files for Chapter 11. The Fed does not intervene. Interbank lending seizes overnight. AIG requires a $182B bailout. Congress eventually passes TARP at $700B. The cascade nearly destroys the global financial system.