-2.3 C
Toronto
Sat | Mar 23-2024 | 12:26 pm EDT
Home Tags The Fed and Lehman Brothers

Tag: The Fed and Lehman Brothers

Why hadn’t Federal Reserve rescued Lehman Brothers in 2008?

This week, the trio who was directly responsible for the decision to let Lehman fail – Bernanke, Tim Geithner (then New York Fed President), and Hank Paulson (then Treasury Secretary) – joined together at a panel held by Brookings Institution and spoke about the lessons they had learned from the crisis.

Economy