Thursday 10 September 2009

The Last Days of Lehman Brothers

WATCH:

AVAILABILITY:

7 days left to watch (or download at BBC iPlayer).

Last broadcast today, 21:00 on BBC Two (except Northern Ireland (Analogue), Wales (Analogue)) (see all broadcasts).

NEXT ON:

Tuesday, 03:00 on BBC One

SYNOPSIS

On 12 September 2008 the heads of Wall Street's three biggest investment banks are summoned to a late afternoon meeting at the New York Federal Reserve. After six months of turmoil in the world's financial markets, Lehman Brothers, the fourth biggest player on Wall Street, is on life support and the government is about to pull the plug.

As Lehman CEO Dick Fuld waits anxiously in his 7th Avenue headquarters for news from the Fed, US Treasury Secretary Hank Paulson drops a bombshell - Lehman Brothers is not too big to fail and this time there will be no public money for a bailout. After 42 years with the firm he calls the mothership, Fuld's time is running out.

Drama going behind closed doors to tell the story of three days that shook the world.

GLOBAL RECESSION: AFTERSHOCK

Use interactive tools and maps to find out which countries were worst affected by the financial crash, and what has happened to the bail-out money we put in to save the banks.

Plus, reports by BBC correspondents from the UK and around the world.

Find out how the financial crash affected you and others on the BBC News site

CREDITS

Paulson, Hank
James Cromwell
Thain, john
Ben Daniels
Fuld, Dick
Corey Johnson
Zach
Michael Landes
Lewis, Ken
James Bolam
Director
Michael Samuels

BROADCASTS

  1. Wed 9 Sep 2009
    21:00
    BBC Two (except Northern Ireland (Analogue), Wales (Analogue))
  2. Wed 9 Sep 2009
    21:00
    BBC HD
  3. Tue 15 Sep 2009
    03:00
    BBC One

Posted by Britannia Radio at 14:12