Friday, September 16, 2011


September 17 - October 3, 2011


Global Economy ...

Good Video --   European Sovereign Debt Crisis, China's Economy   Bloomberg - September 15, 2011

Central banks step in as European debt crisis goes global   MSNBC - September 15, 2011

As European banks find it increasingly harder to get cash they need to operate, central banks from around the world opened their vaults Thursday to head off another credit crunch like the one that crashed the financial system in 2008 and sent the global economy into a deep recession.

September 15, 2008

Lehman Brothers collapses

  Lehman Brothers collapses Google Videos

On September 15, 2008, the firm filed for Chapter 11 bankruptcy protection following the massive exodus of most of its employees and clients, drastic losses in its stock, and devaluation of its assets by credit rating agencies. The filing marked the largest bankruptcy in U.S. history.

And so it all began ....