In fact, the thousands of pages I studied for my financial exams contained just one reference to this topic. Lots of financial commentators claim to be wise after the fact, but back in 2008, the idea that a large financial institution could fall apart so spectacularly was almost unheard of. A journalist called me to ask if I had heard what was going on. They were getting their marching orders as the “unbreakable” global financial behemoth collapsed. No one was swimming that morning. It was the start of the financial crisis.Īs my colleagues and I watched, every floor of the second building filled up with Lehman Brothers staff. It was the Lehman Brothers office – well, two of its offices to be precise, one situated just next door to the other with a huge rooftop swimming pool. Back in 2008, I was sitting in an office in Canary Wharf sipping a coffee and gazing out over the river, when I noticed a frenzy of activity in the building opposite me.
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