Lehman Brothers and Bear Stearns disintegrating did not bring total collapse to ... | Hacker News

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		christopherwxyz on June 20, 2021 \| parent \| context \| favorite \| on: Stonks Are What You Can Get Away With: NFTs and Fi... Lehman Brothers and Bear Stearns disintegrating did not bring total collapse to the financial markets. Citadel would be just one institution in a small collection of others. Ordinary investors lose, one or more funds lose. Nothing changes.

sumedh on June 21, 2021 [–]

> Lehman Brothers and Bear Stearns disintegrating did not bring total collapse to the financial markets.

The market started to collapse when the Fed stepped in to bailout banks and AIG and others.

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