Lehman And the Day the Buck Broke

“This is scary. You guys shouldn’t write this. Take it down.” The reader’s comment flashed almost immediately alongside a short Web story we had posted five years ago that said the nation’s oldest money market fund had broken the buck. It was the beginning of a three-day panic, tied to the Lehman Bros. collapse, that most Americans never saw.

via Callaway: Lehman and the day the buck broke.

A Former Lehman Brothers Employee Describes How Crazy The Trading Floor Was On That Fateful Day (businessinsider.com)
Lehman Five Years On: Gold Still Safe Haven As Financial System ‘Insane’ (goldcore.com)

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Lehman And the Day the Buck Broke

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