lehman Krugman

LehmanBrothersAnniversary

Where Did The Lehman Brothers’ Fire Begin?

On the tenth anniversary of the fall of Lehman Brothers, multiple analyses and opinions can be read on the origins of the crisis. Two have caught my attention: that of Ben Bernanke, who headed the team which avoided the crisis turning into a new 1929, and the opposing view of Paul Krugman, who says that he does not see the connection, and believes that it was a crisis provoked by the collapse of the housing market.