Product details

By continuing to use our site you consent to the use of cookies as described in our privacy policy unless you have disabled them.
You can change your cookie settings at any time but parts of our site will not function correctly without them.
Case
-
Reference no. UVA-F-1587
Published by: Darden Business Publishing
Originally published in: 2009
Version: 14 July 2009
Length: 13 pages
Data source: Published sources

Abstract

This case examines the causes and consequences of the Lehman Brothers bankruptcy during one of the most fascinating weekends in financial history. It''s about the commerical paper market, a major funding market served by Lehman Brothers, and the events that led to ''breaking the buck'' on money market funds. It also examines the CDS market where Lehman was such a big player, the potential impact that CDSs had on the crisis, and the notion and validity of the too-big-to-fail hypothesis.

About

Abstract

This case examines the causes and consequences of the Lehman Brothers bankruptcy during one of the most fascinating weekends in financial history. It''s about the commerical paper market, a major funding market served by Lehman Brothers, and the events that led to ''breaking the buck'' on money market funds. It also examines the CDS market where Lehman was such a big player, the potential impact that CDSs had on the crisis, and the notion and validity of the too-big-to-fail hypothesis.

Related