Lessons from Lehman: the perils and ‘arrogance’ of cross-border insolvency
Investment bank Lehman Bros collapsed 10 years ago, precipitating the global financial crisis. As the clean-up continues, a Lehman liquidator asks if it could happen again.
A generation of millennials with no experience of working through a financial crisis and the growing complexity of the way securities are structured are two potential drivers of another global collapse, a Lehman Brothers liquidator says.
EY Australia partner Marcus Ayres spoke at a recent
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