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?