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Causes of Lehman Brothers Bankruptcy
Spěváková, Ilona ; Marek, Petr (advisor) ; Daněk, Stefan Svatopluk (referee)
In the first part of the bachelor thesis "Causes of Lehman Brothers Bankruptcy" there are described causes of the biggest bankruptcy in the United States of America, in relation to global economic crisis. Whether it was adoption of Community Reinvestment Act, cancelation of Glass-Steagall law, forthcoming deregulation, or securitization? In the second part there is mentioned moment, when the system began to fall apart and when large companies were facing liquidity crisis, which was fatal for 4th largest investment bank. The last part is devoted to time frame after the bank collapse. There the work take closer look to bankruptcy process in the USA, to damage done by distorted reality after accounting frauds began surfacing, to upcoming consequences for global cross-related economy, and foremost extracting a lesson from that all.
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