Been thinking about this since the market is down.
I know that Lehman Brothers was one of the biggest banks to fail. Do we know what happened to the money that account holders had in the bank?
Did they just lose all their money? Did Lehman Brothers have to pay them back? Did they get a percent of their money? Did the get to keep whatever securities they had invested in and have it moved to a different bank?
Like how did it all go down?
Submitted March 28, 2020 at 06:59PM by JamieOvechkin https://ift.tt/3dDI6hu