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Lehman Brothers Shocked You Most in 2008


Nearly half of you voted that Lehman Brothers made the most shocking banking headlines this year, and I agree that the 158-year-old firm filing for bankruptcy was the news that really took me off guard in 2008. Lehman's failure is the biggest bankruptcy filing in US history, and the collapse of such a large and well-respected institution made everyone uneasy.

Some investors believe that we've seen the worst of the financial industry's problems, but the majority of you are skeptical. Here's hoping that 2009 will be a better year for banks.

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