What was the size of Lehman Brothers' bankruptcy filing?
Largest in US history
Second largest in US history
Smallest in US history
Third largest in US history
Answer
Lehman Brothers' bankruptcy filing was the largest in US history. The collapse was largely due to Lehman's involvement in the subprime mortgage crisis and its exposure to less liquid assets.
Beneath the Bankrupt: Exploring the Rise and Fall of Lehman Brothers - A Financial Journey
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