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by christopherwxyz 1830 days ago
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.
1 comments

> 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.