Biggest BANKRUPTCY in the United States – On This Day – 15th September

Intro: In 2008 Lehman Brothers file for Chapter 11 bankruptcy protection. This was the largest bankruptcy in US history with Lehman holding over US$600 billion in assets. The bankruptcy triggered a one-day drop in the Dow Jones Industrial Average of 4.5%, at the time, the largest decline since the September 11, 2001 attacks.

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