User: Hokie: Hokie's News Articles: The Long Lehman Hangover, In Numbers | The Long Lehman Hangover, In Numbers - Yahoo Finance
The Long Lehman Hangover, In Numbers | The Long Lehman Hangover, I...
Are we better off or worse off?
It’s a difficult question to answer five years after the bankruptcy of Lehman Brothers triggered a global financial meltdown that nearly became the first full-blown depression since the 1930s.
We are worse off now than pre-Lehman, that is certain. Now the question should be, are we worse off since Lehman? Great question and think we are basically treading water. Even a better question would be where would we be now if we had not embraced the "too big to fail" mantra? who knows.