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China shares rally, but biggest monthly drop in 7 years Shanghai Composite Index closed up 3.1 percent, but it lost twice that over the week and 22.6 percent since the beginning of January, its worst month since October 2008, when global financial markets were sent into a tailspin after the collapse of natwest markets nv investor relations Lehman Brothers bank. 15, 2008, the money investing msn country had been navigating stormy global financial waters for more than a year. No, and that is why Treasury Secretary Henry Paulson decided not to save Lehman, because he wanted to make an example of it in the name of moral hazard.
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This next round, Round 2, will be even worse.Chief Market Strategist.Lehman Brothers: an rs farming money making obligation not to resell the asset for a period of time if the auction fails. 34-50414;as the S&P 500, to a “float-adjusted” market capitalization index.
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