Five years after the tumultuous week in which Lehman Brothers failed, A.I.G. was rescued by the Federal Reserve from failure, and the Troubled Asset Relief Program was proposed, it is still often asked whether Lehman could have been saved by the federal government rather than filing for bankruptcy early on the morning of Monday, Sept. 15, 2008.
via Why Lehman Wasn’t Rescued – NYTimes.com.
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