The repercussions from Lehman’s demise continue to reverberate. David Hechler speaks to the company’s former in-house counsel about the lessons they have learned
It’s been two years since Lehman Brothers filed the largest bankruptcy in US history, and the subject still provokes passionate debate. Was the crash of 2008 inevitable? What if the US Government had bailed out Lehman the way it did other companies before and after it let the investment bank go? And, most recently, would the Dodd-Frank financial reform law have prevented the excesses that led to Lehman’s demise?
