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NPR Story
2:11 pm
Mon September 9, 2013

The Lehman Brothers Bankruptcy, Five Years Later

Lehman Brothers' building in Manhattan, before the company filed for bankruptcy in September 2008. (Edgar Zuniga, Jr./Flickr)

Five years ago this week, the historic Wall Street institution Lehman Brothers collapsed.

With home prices falling and mortgage-backed securities in jeopardy, it was the worst panic on Wall Street since the Great Depression.

The Dow has now returned to pre-crisis levels, but have we learned anything since the Lehman collapse? Are we any safer?

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