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One Year After the Fall of Lehman

One Year After the Fall of Lehman

On Sept. 15, 2008, Lehman Brothers Holdings Inc. filed for Chapter 11 bankruptcy protection. It was also one year ago today that changed Wall Street, my street, and your street. Lehman’s shares cratered, falling 90%, and the broader market tumbled more than 500 points (almost 5%). It was the biggest single-day drop since the first day of trading after the 2001 terrorist attacks.

Our Choice: To Empower

My family made a choice, publicly, to spend as much money as possible with Black business owners and professionals. We made this decision and make this sacrifice because we believe Black people have too much talent and spend too much money for their community to look the way it does and for its families to suffer the way they do. We urge our community to practice self-help economics.

Learning The Political Game

The Iraqi war, the tsunami, and Hurricane Katrina each took their toll on the federal budget. As a result, Darrell Williams, serving as chief program manager of the Department of...

Going to the Polls

Going to the Polls

Election officials grapple the challenges inherent to making Election Day run as glitch-free as possible.

Pole Position

Until an indestructible car is invented, Cid Wilson, analyst and director of research at Kevin Dann & Partners, says the companies he covers will profit. Wilson tracks retailers, but his...

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