In September 2008, the collapse of Lehman Brothers tipped the world into recession. A cast of contributors including national leaders, finance ministers and CEOs describe the tense negotiations in New York and London as the investment institution headed towards bankruptcy. Gordon Brown, Tim Geithner and Alistair Darling reveal the dilemmas they faced and the decisions they took.
One year on, the programme explains why the collapse of one bank had such disastrous consequences for the world's economy.
Series offering a definitive account of what happened to create the greatest financial crisis for eighty years. The series on the global crash examines the boom years before the bust. With testimony from many of the key decision makers, including Gordon Brown, governor of the Bank of England Mervyn King, and an exclusive interview with former chairman of the US Federal Reserve Alan Greenspan, it charts how the financial bubble grew and grew. The programme explains how we changed our attitude to risk, learnt to live with debt, and above all, how governments stepped back from regulating any of it.