What was the impact of Lehman Brothers' bankruptcy on global markets?
Markets soared
Markets plummeted
No impact
Markets remained stable
Answer
The bankruptcy of Lehman Brothers had a significant impact on global markets, causing them to plummet immediately. This event is thought to have played a major role in the unfolding of the financial crisis of 2007–2008.
Beneath the Bankrupt: Exploring the Rise and Fall of Lehman Brothers - A Financial Journey
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