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Showing posts with label Bill Gross Robert Kiyosaki Rich Dad Poor Dad John Reed Lehman Brothers S and P 500. Show all posts
Showing posts with label Bill Gross Robert Kiyosaki Rich Dad Poor Dad John Reed Lehman Brothers S and P 500. Show all posts

Friday, March 26, 2010

Lehman Brothers Files for Bankruptcy on September 15, 2008

This event sent shockwaves through the financial world and the global markets crashed. Swings of 5-10% in the global markets could be seen by the hour. It was chaos, despair and panic. Many sold their stock holdings and fled to Treasuries for safety in preparation for the Great Depression. Was it a good decision?