Abstract:
This research paper aims to focus on Lehman Brothers Holdings Inc. which was a well branded
financial firm, which stood fourth in the largest investment banks in the USA before its
bankruptcy. We have analyzed the causes which lead to the downfall of such an enormous financial institution which are high leverage, liquidity and demise of asset backed securities. Along with these, we have even analyzed the subprime mortgage loans that led to the collapse. Apart from the reasons that led to Lehman Brothers’ downfall, the impact that this collapse had on the global financial system has also been studied
