Part 10/10:
Lehman Brothers did not just fall—it crumbled under the weight of its ambitions, embodying a broader narrative of the excesses of Wall Street that contributed to a global recession. The lessons from this monumental event continue to resonate with financial institutions and regulators alike, serving as a stark reminder of the fragility of trust and confidence in the economic system. As we reflect on this catastrophic turning point, it is essential to dissect its roots and ensure that the follies of the past are not repeated.