Edward Bonham Carter: Escaping Lehman's shadow

Crisis’s 10th anniversary

clock • 6 min read

Financial markets have staged a remarkable recovery since the fall of Lehman Brothers, writes Edward Bonham Carter, but the question of how best to end central bank support hangs heavy over all participants

A decade on from the collapse of Lehman Brothers on 15 September 2008, the unorthodox measures central banks took to dampen the fires of the global financial crisis have left a smouldering terrain that has cast a pall over the global economic recovery. Asset prices may have hit all-time highs but confidence remain fragile - fears the next global shock may be round the corner makes for skittish investors as we have seen with the currency crises in Turkey and Argentina. Unhappy anniversaries of the Lehman kind do little to soothe nerves, with the media likely to put as much focus on what r...

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