NJ5 on 11 July 2009
akuma587 did the stock market fall because of Lehman Brothers's absence, or did it fall because it made people realize just how big a hole the economy was in? By the way it wasn't just LB going bankrupt at that time, so don't blame everything on LB:
http://en.wikipedia.org/wiki/Subprime_crisis_impact_timeline#September_2008
By the way, not all of Lehman Brothers went into bankruptcy. The core business got sold to Barclays.
The boat analogy has its limits. We're not all gonna die if a few more big banks fail. We need a financial system, not necessarily the current one. Imagine there's a poorer looking but perfectly working boat next to it.
My Mario Kart Wii friend code: 2707-1866-0957
