Aftermath
At around 1 p.m. Tuesday, Britain's FSA signed off on a deal and Barclays announced it had bought much of Lehman's business in the United States.
In the days following the collapse of Lehman Brothers, the government came to the rescue of AIG - to the tune of $150 billion; created the TARP - the Troubled Asset Relief Program - for $700 billion; and saved Citigroup from certain death by pumping in $45 billion in equity and effectively underwriting $306 billion in toxic assets Read more.
NEXT: Alumni
In the days following the collapse of Lehman Brothers, the government came to the rescue of AIG - to the tune of $150 billion; created the TARP - the Troubled Asset Relief Program - for $700 billion; and saved Citigroup from certain death by pumping in $45 billion in equity and effectively underwriting $306 billion in toxic assets Read more.
NEXT: Alumni
Last updated December 16 2008: 4:23 PM ET
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