Markets Ready to Put Recent Financial Collapse Behind?

By Lena Manousarides
15 September 2009 @ 09:56 am EDT

What a day today is for the financial industry, as one year ago, on the 15th of September, markets across the globe got hit from the news that the biggest lender in USA Lehman Brothers filed for chapter 11 bankruptcies, amid the credit crisis and therefore starting the biggest liquidation that markets have seen for a long time. It was a black Monday and investors still shiver when they think how that day changed the course of history for all market participants.  Today, a year after the worst recession since the 1930s, markets are in a better position with investors ready to pick up the pieces of the "financial earthquake" and never look back.

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