Four minutes that changed the world

On Friday evening, when bankers, traders and regulators in New York and London went home, most were probably expecting a rescue of Lehman Brothers to be put together over the weekend, and a relatively orderly return to business begin on Monday morning. When they returned to work on Monday, the fortunes of Lehman had almost become a sideshow

Many found themselves being hauled into work on Sunday to unwind their firm’s positions as Lehman, far from being rescued, approached bankruptcy.

WSJ Logo
Digital Workers Have Arrived in BankingExternal link

Digital Workers Have Arrived in Banking