The collapse of what in September 2008 turned the recession into a catastrophic economic downturn?
A)the World Bank
B)the London stock exchange
C)the Bund
D)the Russian government
E)Lehman Brothers

Question

Quizplus · Accepted Answer

The collapse of Lehman Brothers in September 2008 is widely regarded as a pivotal event that significantly intensified the global financial crisis, turning what was already a recession into a catastrophic economic downturn.

The Collapse of What in September 2008 Turned the Recession