Tag: Lehman Brothers

Working class employees left in the lurch at IL&FS resolution

The cause and ripple effect of the IL&FS fiasco on the market

Some organisations carry systemic importance for the entire financial industry. Infrastructure Leasing & Financial Services (IL&FS) is one such, the Indian equivalent of Lehman Brothers — and the world is well aware of the repercussions that ensued when the now infamous investment bank was allowed to collapse. The current financial[Read More…]

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