Add new comment


Thank you for this clear, comprehensible article. It improved my understanding of the Lehman situation a great deal. It worries me that you almost gave up on writing this. Please do not be discouraged -- instead, write many more! We laypeople wish to understand the financial implosion, but to do so we need intelligent, dedicated people like you. Please thank your father for making your studies -- and therefore this article -- possible.

Filtered HTML

  • Web page addresses and email addresses turn into links automatically.
  • Allowed HTML tags: <a href hreflang> <em> <strong> <cite> <code> <ul type> <ol start type> <li> <dl> <dt> <dd>
  • Lines and paragraphs break automatically.
  • Want facts and want them fast? Our Maths in a minute series explores key mathematical concepts in just a few words.