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S/F/227. Collapse of Lehman Brothers and Fannie Mae: analysis of causes and consequences

WORDS:
3000
DATE:
2009
PRICE:
39.99 GBP

The paper examines the causes of collapse of Fannie Mae, a US Government Sponsored Enterprise (GSE) in housing finance, and the US investment bank Lehman Brothers. The background and activities of both companies are reviewed, their performance and financial position over 2004-2008 is analysed, the impact of their collapse on the global economy is discussed.

 

KEYWORDS: Lehman Brothers, Fannie Mae, collapse, financial institutions, financial crisis, financial analysis,

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