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Lehman Brothers and histories of the present
We must make sure we counter the narrative that the 2008 crash was ‘an aberration’ writes KEITH FLETT
Photo traders work in the product options pit at the New York Mercantile Exchange in New York. Home prices had sunk, and foreclosure notices began arriving. Layoffs began to spike. Tremors intensified as Lehman Brothers, a titan of Wall Street, slid into bankruptcy on September 15, 2008

IT IS 10 years since the demise of Lehman Brothers caused a worldwide financial crisis, the impact of which is still being felt today.

The anniversary is being widely marked but only within a very narrow framework of analysis.

The late historian Eric Hobsbawm argued at a meeting of the Communist Party Historians Group in the 1950s that they “must become historians of the present too.”

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