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3 September, 18:45

What happened after lehman brothers went out of business in september of 2008? the stock market rose dramatically. the stock market rose slightly. the stock market was essentially unchanged. the stock market dropped slightly. the stock market dropped dramatically?

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  1. 3 September, 21:40
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    The answer is The stock market dropped dramatically.

    By the time of its Bankruptcy, The Lehman Brothers had $ 619 Billion in Debt with only $ 22.5 Billion in Capital.

    This means that as soon as they announce their bankruptcy, that $ 619 Billion will dissapear from the market and will damage whoever involved with the Bank, which caused investors to lost confidence in the Market.
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