What happened that cause the scandal in lehman bros

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The banking scandals have happened time and again throughout the decades. Damages to the countries due to Lehman Bros scandals run up in billions of dollars affecting the economies badly.

The Global Financial Crisis in 2008 - Lehman Bros

Question 1: What happened that cause the scandal in Lehman Bros?

Question 2: What are the damages they (Lehman Bros) have done?

Question 3: What are the implications to the economy caused by Lehman Bros?

Question 4: What are the changes adopted by government after this scandal? Does all these changes sufficient to cover the problems from happening in the future?

Reference no: EM132460249

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