Nouriel Roubini: If Lehman collapses expect a run on all of the other broker dealers and the collapse of the shadow banking system JJTrader - Sat, Sep 13, 2008 - 07:53 PM Sep 13, 2008 It is now clear that we are again – as we were in mid- March at the time of the Bear Stearns collapse – an epsilon away from a generalized run on most of the shadow banking system, especially the other major independent broker dealers (Lehman, Merrill Lynch, Morgan Stanley, Goldman Sachs). If Lehman does not find a buyer over the weekend and the counterparties...
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Nouriel Roubini: If Lehman collapses expect a run on all of the other broker dealers and ...
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