In the red

In the red

  • Fact: #

One of the most notable bankruptcies from the recent housing bubble was Lehman brothers (2008), filing for bankruptcy with $639 billion in assets. Their share price had dropped from $20.24 (May) to $0.04 (September), a 99.8% decline. (marketwatch.com, yahoofinance.com)

This week’s theme: Economic bubbles

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