Anthony Willis: Have investors learned anything since the crash?

And other key questions

clock • 4 min read

The collapse of Lehman Brothers a decade ago was a key moment in a global crisis with huge consequences that are still being felt today. It begs some important questions, on which Anthony Willis offers his thoughts

Saturday saw the 10-year anniversary of the collapse of Lehman Brothers, an inflection point in a financial crisis that had been building over the previous 12 months. It brought the global financial system to the brink of collapse and has had significant economic, social and political consequences that are still being felt to this day - begging some important questions … Have investors learned anything since the crash? Hubris is a dangerous condition and, in hindsight, it was evident in spades ahead of the 2008 crisis. US Federal Reserve chairman Ben Bernanke declared that problems in ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Economics / Markets

Partner Insight: Tariffs are here to stay. What's next for investors?

Partner Insight: Tariffs are here to stay. What's next for investors?

The current outlook for US tariffs is complex and their full impact on growth remains to be seen. Columbia Threadneedle Investments explores what advisers need to know, key events to keep top of mind and how to navigate the uncertainty.

Columbia Threadneedle Investments
clock 23 October 2025 • 5 min read
IFS: Reeves must plug £22bn fiscal hole to restore 'tiny' headroom

IFS: Reeves must plug £22bn fiscal hole to restore 'tiny' headroom

Think tank urges chancellor to avoid 'limping from one forecast to the next'

Linus Uhlig
clock 16 October 2025 • 2 min read
Why higher bond yields aren't causing a Mini-Budget meltdown

Why higher bond yields aren't causing a Mini-Budget meltdown

'One thing we know about Rachel Reeves is she will live or die by her fiscal rules'

Laith Khalaf
clock 07 October 2025 • 5 min read