We’ve Learned Nothing From Lehman: Theme of the Week

Sep 16, 2018

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This Week Was Lehman Anniversary Week

(Bloomberg Opinion) -- Bloomberg Opinion is blessed to have several columnists with intimate experience and understanding of the Lehman Brothers collapse 10 years ago – both inside and outside the bank – and the systemic crisis it triggered. We spent this week thinking about what went wrong and what lessons the financial system took to heart as a result of this, the worst crisis in generations. The consensus: We don’t seem to have learned all that much, unfortunately. 

We Still Haven’t Learned From Lehman Brothers – Bloomberg’s editors

Nine Lessons From the Financial Crisis – Mohamed El-Erian

Ten Things People Still Get Wrong About the Crisis – Barry Ritholtz

One Deluded Banker’s Tale of Lehman’s Last Days – Shuli Ren

The Good People at the ‘Bad Bank’ – Jared Dillian

$250 Trillion in Debt: The Lehman Legacy – Brian Chappatta

Maybe the Financial System Can’t Be Fixed – Cathy O’Neil

The Crisis Was About the System – Matt Levine

In Lehman’s Shadow Hides an Even Riskier Banking World – Stephen Gandel

Fear Has Made Banking Too Boring – Mihir Sharma

Why Lehman’s Third Act Won’t Play in Emerging Markets – Andy Mukherjee

The No. 1 Crisis Lesson: QE Worked – Matthew Winkler

Crisis Autopsies Ask the Wrong Questions – Aaron Brown

Some Mortgage Nightmares Never Ended – Joe Nocera

Who Lost the Most in the Crisis? Ordinary Americans – Nir Kaissar

Europe’s Bankers Are the Biggest Crisis Losers – Edward Evans

Zombie Lehman Keeps Racking Up Court Victories – Stephen L. Carter

This is the Theme of the Week edition of Bloomberg Opinion Today, Sunday’s roundup of our biggest commentary topic this week. New subscribers to the newsletter can sign up here.

To contact the author of this story: Mark Gongloff at mgongloff1@bloomberg.net

To contact the editor responsible for this story: Timothy L. O'Brien at tobrien46@bloomberg.net

This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.

Mark Gongloff is an editor with Bloomberg Opinion. He previously was a managing editor of Fortune.com, ran the Huffington Post's business and technology coverage, and was a columnist, reporter and editor for the Wall Street Journal.

©2018 Bloomberg L.P.