This case examines the causes and consequences of failure of Lehman Brothers, during one of the most exciting weekends in financial history. We are talking about the commercial paper market, the main market financing serviced Lehman Brothers, and the events that led to a "violation of the dollar" on money market funds. It also examines the CDS market, where Lehman was a major player, the potential impact that the crisis has had on access control, and the concept and reality is too big to fail hypothesis. "Hide
by Giorgos Allayannis, Christopher Brandriff Source: Darden School of Business 13 pages. Publication Date: July 14, 2009. Prod. #: UV2547-PDF-ENG