Unraveling the Price of Power: The Top 7 Times Leverage Cost Fortunes

The Collapse of Lehman Brothers

The 2008 financial crisis was a time of great turmoil and uncertainty. At the heart of this crisis was the collapse of Lehman Brothers, a global financial services firm. The company's fall was a result of risky investments and excessive leverage, driven by a relentless pursuit of profit and power.

When Lehman Brothers filed for bankruptcy, it sent shockwaves through the global financial system. Investors lost billions, thousands of employees lost their jobs, and the company's collapse triggered a global recession. The fall of Lehman Brothers serves as a stark reminder of the dangers of unchecked power and greed. It shows that the price of power can be catastrophic, with far-reaching consequences.