Description:Â PIMCO CEO Mohamed El-Erian explains how collapse of Lehman Brothers destroyed confidence in the economy.
Source: CNNMoney – video report
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Date: 12/10/2009
Link: http://money.cnn.com/video/fortune/2009/12/08/f_cs_pimco_food.fortune/
Questions for discussion:Â
- Summarize the reasons given for the financial crisis.
- Do you believe the fear expressed by El-Erian was experienced by everyone? Explain your answer.
- How do you think financial managers will handle risk in the future, now that we have experienced this period of unrest?
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