Source: Blom & Associates Blog

Blom & Associates Blog 10 Years After Lehman

​​September 15th marked an ominous anniversary. Ten years prior, Lehman Brothers declared bankruptcy, sparking a financial crisis that engulfed the global economy. Lehman’s failure could easily be described as a “systemic event.” That’s financial jargon for an event that triggers severe financial instability and sends shockwaves through the economy. Economically, we’ve recovered from the downturn. Unemployment is low, and GDP is above pr [...]

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