The Weekend That Changed Wall Street
Publication date: 20 January 2017
Abstract
This case examines the causes and consequences of the Lehman Brothers bankruptcy during one of the most fascinating weekends in financial history. It's about the commercial paper market, a major funding market served by Lehman Brothers, and the events that led to “breaking the buck” on money market funds. It also examines the CDS market where Lehman was such a big player, the potential impact that CDSs had on the crisis, and the notion and validity of the too-big-to-fail hypothesis.
Keywords
Citation
Allayannis, G.(Y). and Brandriff, C. (2017), "The Weekend That Changed Wall Street", . https://doi.org/10.1108/case.darden.2016.000320
Publisher
:University of Virginia Darden School Foundation
Copyright © 2009 by the University of Virginia Darden School Foundation, Charlottesville, VA. All rights reserved.