In this file photo taken on September 15, 2008 the sign for Lehman Brothers headquarters is seen in New York.
Just about 10 years ago, Lehman Brothers collapsed, ushering in a full-blown financial crisis that wiped billions of dollars off stock markets, took away thousands of jobs, and changed the course of the world’s economy.
Today, we look back at exactly what happened, and what the world looked like when Lehman collapsed. (Fun fact: Plenty of people refused to even acknowledge the crisis when it first started. Fun fact #2: The crisis also took away most cars off Dubai’s usually-jammed streets.)
We talk about what the world has (or hasn’t) learned from the last financial crisis, and discuss whether a new one is just around the corner.