The global economic crisis triggered by the Lehman Brothers fiasco has left China with an opportunity to pursue further sophistication of its industrial structure from labor-intensive to a more technology- and capital-intensive model, a Chinese official... ...full story at Japan Times
from Japan Times on Wed, Nov 04 2009
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Lessons of Lehman Brothers » Japan Times On Sept. 15, 2008, Lehman Brothers, a venerable international financial firm, went bankrupt. Its collapse set off a chain of events that triggered a global financial crisis that is estimated to have caused more than $1.6 trillion in losses and cost... |
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Finance lessons still not learned one year on » Japan Times CAMBRIDGE, Mass. — Next month marks the one year anniversary of the collapse of the venerable American investment bank, Lehman Brothers. The fall of Lehman marked the onset of a global recession and financial crisis the likes of which the world has n... |
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Business › Lehman failure has had limited impact on Japan » Japan Today The government reiterated Friday that the crisis in the global financial market following the bankruptcy of major U.S. brokerage Lehman Brothers Holdings Inc. has had… |
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Commentary › 1 year after Lehman collapse, Japan wrestles with wakeup call for change » Japan Today When U.S. investment bank Lehman Brothers Holdings Inc collapsed last September, Japan was jolted awake from decades of lassitude by an offshore crisis that nearly… |
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A Lehman patriarch's standards » Japan Times Regarding the Sept. 21 editorial, "Lessons of Lehman Brothers": The fundamental cause of the demise of Lehman Brothers was the casino mentality that was encouraged from the top. If Robert Lehman had still been at the helm, he would not have permitted any... |