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# Lehman Brothers Collapse
- URL: https://onemanandhisblog.com/2008/09/lehman_brothers_collapse/
- Published: 2008-09-15T12:07:55.000Z
- Updated: 2015-04-08T14:18:15.000Z
- Author: Adam Tinworth
- Tags: financial markets, lehman brothers, news, reporting

![Lehman Brothers](https://i0.wp.com/www.onemanandhisblog.com/content/images/2008/09/Lehman.png?resize=226%2C26)Something of a horrible morning. A member of my close family is (or, perhaps, was) an employee of Lehman Brothers. Obviously, so soon after losing Mum, another shock like this is not ideal for the family.

Robert Peston has been blogging about the [Lehman Brothers situation](http://www.bbc.co.uk/blogs/thereporters/robertpeston/2008/09/meltdown%5Fmonday.html?ref=onemanandhisblog.com) on his BBC blog.

*The Guardian*‘s got a good landing page set up for [Lehman’s demise](http://www.guardian.co.uk/business/lehmanbrothers?ref=onemanandhisblog.com).

But I rather like the detail in Chris Irvine’s [story on Lehman’s Docklands offices](http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/09/15/bcnlehman715.xml&ref=onemanandhisblog.com) (where my family member work) in the *Telegraph*:

> *The customary security presence surrounding the* 
> *buildings of Canary Wharf is also slightly larger than usual. But* 
> *rather than their usual task of keeping out unwanted outsiders, the* 
> *staff are primarily occupied today with moving on the credit crunch’s* 
> *most recent victims before they share their troubles with the waiting* 
> *media.*
> 
> Nevertheless, a few of those passing out from the high-rise office’s  
> glass doors did stop to explain the mood inside the building.  
> Koen Thijsson was the first employee out the door. He was carrying his  
> belongings in a cardboard box and said: “This is it. I think it’s going  
> to be all of us”.  
> \*

A good reminder of the personal cost behind this news.