Posts Tagged ‘yt:crop=16:9’
Fall of Lehman Brothers P3
On September 15, 2008, the firm filed for Chapter 11 bankruptcy protection following the massive exodus of most of its clients, drastic losses in its stock, and devaluation of its assets by credit rating agencies. The filing marked the largest bankruptcy in U.S. history. The following day, the British bank Barclays announced its agreement to purchase, subject to regulatory approval, Lehman’s North American investment-banking and trading divisions along with its New York headquarters building. On September 20, 2008, a revised version of that agreement was approved by Judge James Peck
Duration : 0:9:58
The Fall of Lehman Brothers P1
On September 15, 2008, the firm filed for Chapter 11 bankruptcy protection following the massive exodus of most of its clients, drastic losses in its stock, and devaluation of its assets by credit rating agencies. The filing marked the largest bankruptcy in U.S. history. The following day, the British bank Barclays announced its agreement to purchase, subject to regulatory approval, Lehman’s North American investment-banking and trading divisions along with its New York headquarters building. On September 20, 2008, a revised version of that agreement was approved by Judge James Peck
Duration : 0:9:54
Fall of Lehman Brothers P6
On September 15, 2008, the firm filed for Chapter 11 bankruptcy protection following the massive exodus of most of its clients, drastic losses in its stock, and devaluation of its assets by credit rating agencies. The filing marked the largest bankruptcy in U.S. history. The following day, the British bank Barclays announced its agreement to purchase, subject to regulatory approval, Lehman’s North American investment-banking and trading divisions along with its New York headquarters building. On September 20, 2008, a revised version of that agreement was approved by Judge James Peck
Duration : 0:9:32
The Fall of Lehman Brothers P2
On September 15, 2008, the firm filed for Chapter 11 bankruptcy protection following the massive exodus of most of its clients, drastic losses in its stock, and devaluation of its assets by credit rating agencies. The filing marked the largest bankruptcy in U.S. history. The following day, the British bank Barclays announced its agreement to purchase, subject to regulatory approval, Lehman’s North American investment-banking and trading divisions along with its New York headquarters building. On September 20, 2008, a revised version of that agreement was approved by Judge James Peck
Duration : 0:9:59
Japan Airlines Corp.’s filing for bankruptcy protection
JAL – Japan Airlines Corp.’s files for bankruptcy protection
15,000 more people will have their lives turned upside down as legacy carriers are struggling to survive a global slide in air travel.
Cost of travel will go up, perhaps airline travel will become the domain of the rich and privileged. Security costs, higher fuel costs, carbon tax and airport improvement fees will be reflected on the price we pay for our airline tickets.
The whole thing sucks.
We do not need all the extra security measures, we are all forced to pay because of the actions of a few. Think about how many passengers flew from the time of the shoe bomber to the underwear bomber. One incident, unsuccessful with one perp and now we all pay.
Airports that are more like theaters and museums rather than functional places we can go and board a flight, we pay the price.
An a final insult might come when carriers and airports are bailed out, but now air travel is to costly for ordinary people so we all pay for the elite and wealthy to continue flying. Wall Street part two, up…up.. and away.
Duration : 0:6:34
