Because Lehman Brothers is the fourth largest investment bank in the United States. His company is very big and covers a wide range, through its branches.
Provide various financial services for enterprises, government departments, municipal authorities, investment institutions and high-net-worth individual customers.
Service. It has deep ties with the American government, various institutions, especially financial institutions, and will affect the whole body.
The impact will be great. If the United States is compared to a family, Lehman Brothers is a very important position in this family.
His death may be a heavy blow to this family. Even lead to family depression. Mainly Lehman
Providing financial services to the outside world, he went bankrupt Don't you think others will be affected?
As long as it falls, the above investors or customers who have traded with them will be implicated, and the holders of their securities may also be involved.
Irrevocable. Its securities share and circulation are large. In addition, banks will cross-hold shares of other banks.
Securities. Therefore, the collapse of Lehman will seriously affect the banks that hold a large number of its securities, and further credit crisis will occur.
It may lead to the collapse of the next bank or financial institution. Just like dominoes, American banks or financial institutions
They got into trouble one after another. Seriously affect the American economy, so that the entire American economy will be paralyzed.
See the website:/2008-11-08/11007769.html for details.