By Channel 4 News

One year after the collapse of Lehman Brothers triggered financial turmoil around the world, Faisal Islam reveals the inside story of how close Britain came to a costly bailout.

Channel 4 News looks at everything from what happened 3,000 miles away on Wall Street, to the key role played by Britain’s chancellor Alistair Darling.

We report the decision not to embark on a massive bailout of Lehmans and how far Mr Darling was involved.

But was it a costly mistake or a very smart call?

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Who really pulled the trigger on Lehman?

by TRNN, The Real News Network
August 25, 2009

<h1>Who really pulled the trigger on Lehman?</h1> <p class="byline">by TRNN, The Real News Network <br />August 25, 2009</p> <p>By Channel 4 News </p> <p class="&quot;intro&quot;"><strong>One year after the collapse of Lehman Brothers triggered financial turmoil around the world, Faisal Islam reveals the inside story of how close Britain came to a costly bailout.</strong> </p> <p>Channel 4 News looks at everything from what happened 3,000 miles away on Wall Street, to the <a href="//www.channel4.com/news/articles/business_money/disbelief+as+investment+bank+giant+lehman+bros+files+for+bankruptcy/2453892&quot;" target="&quot;new&quot;" rel="noopener noreferrer">key role</a> played by Britain's chancellor Alistair Darling. </p> <p> We report the decision not to embark on a massive <a href="//www.channel4.com/news/articles/politics/domestic_politics/poll+bailout+bounce+not+enough+to+save+brown/2922067&quot;" target="&quot;new&quot;" rel="noopener noreferrer">bailout</a> of Lehmans and how far Mr Darling was involved. </p> <p> But was it a costly mistake or a very smart call?</p> <p>This <a target="_blank" href="https://therealnews.com/ch4lehman">article</a> first appeared on <a target="_blank" href="https://therealnews.com">The Real News Network</a> and is republished here under a Creative Commons license.<img src="https://i0.wp.com/therealnews.com/wp-content/uploads/2021/11/cropped-TRNN-2021-logomark-square.png?fit=150%2C150&amp;ssl=1" style="width:1em;height:1em;margin-left:10px;"><img id="republication-tracker-tool-source" src="https://therealnews.com/?republication-pixel=true&post=158518&amp;ga4=G-7LYS8R7V51" style="width:1px;height:1px;"></p> Copy to Clipboard

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