Lehman Brothers' bankruptcy - Great Depression trends !?

THere can never be another depression because of the fiat system. We've also the central bank (Federal) so we can merely borrow from the future and print more money when required, during the 'great' depression, I believe Morgan played a big part in creating market uncertainty through rumours and causing market crashes as banks went bankrupt.

In keynesian economics, this danger is at the minimal.
 
It is yet to be seen, hopefully Lehman Brothers doesn't create a domino effect on other banks holding bad loans, that have already began to see bad signs in the finance sector.
 
HI,
though US is in such a prob, with an announcement of bailout, the stock markets are going up again.. that is a good news actually
 
Here can never be another depression because of the fiat system. We've also the central bank (Federal) so we can merely borrow from the future and print more money when required, during the 'great' depression, I believe Morgan played a big part in creating market uncertainty through rumours and causing market crashes as banks went bankrupt.yaa its riht bro
 
i believe that the bankruptcy of Lehmon-brothers' and many more bailouts in a row will effect the job scenario & placements in B-school, these leading investment bankers' were major recruiter from IIM's now it will effect their placement and subsequently it will effect other B-school also.
 
The fall of investment banking will affect the salaries of the students of the IIM's this year as major recruiters were Investment banks only....
 
I wouldn't count on it. Lehman's creditors will file suit to stop any type of payout under a severance package since the creditors are supposed to get first shot at all the assets.

 
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Greedy business and unethical business practices has brought down global gaints and making tectonic shift in INvestment and banking spaces
 
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