BBC RADIO 4

Today Weekdays 6-9am and Saturdays 7-9am

Page last updated at 08:42 GMT, Tuesday, 15 September 2009 09:42 UK

Lehman collapse 'was big mistake'

Advertisement

Was allowing US bank Lehman Brothers to fail a good or bad idea? Times columnist Anatole Kaletsky, and David Smith, chair of the shadow monetary policy committee, discuss why the bank failed and why the US government refused to prop it up despite offering assistance to rival bank AIG.

SEE ALSO

Americas Africa Europe Middle East South Asia Asia Pacific