摘要：This research will detail the causes of the Lehman collapse, how it relates to the financial crisis that first emerged in 2008, and how it triggered other countries into global rescission both by looking at the internal happenings of Lehman within the US market as well as the effects of the crisis on global markets. The research will present a series of recommendations and investment strategies that could be used to take advantage of the current situations in global markets and derive lessons from the fall of Lehman brothers.
关键词：Adjustable-Rate Mortgages; Interest only Mortgages; Mortgage Backed Securities; ;Collateralized Debt Obligations; LIBOR yield; Sovereign spreads; Bailout; ;Crisis; Capital Liquidity; Credit Default Swaps; Commercial Paper; ‘Option ;adjusted’ spread.
