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Anorak | The Idiots Guide To The Lehman Brothers

The Idiots Guide To The Lehman Brothers

by | 16th, September 2008

LEHMAN Brothers bank collapses, proof that capitalism works and you’re never to big to go under.

Big news, then. But the red-tops have a problem: they need to make their readers understand what Lehman Brothers was. They do this by finding an easy point of reference and talking down to them in words of one syllable or fewer.

THE SUN (front page): “CRASH BANG WALLOP”

Jobs have been lost. Lehman’s hasn’t half a sixpence to its name. But what does it man? Well:

“Manchester Utd sponsor AIG could be next.”

That’s right. Man United fans might be forced to buy a new shirt. And with the season but a few weeks old. For shame!

The collapse of the America’s fourth largest investment bank is illustrated by a picture of renowned merchant banker and money man Wayne Rooney .

Says Kredit Krunch Katie, 23, Liverpool:

“Everyone seems to be suffering in the credit crunch. You just wonder who will be next to go.”

DAILY STAR : “Manchester United’s insurance giant sponsor AIG seeking [sic] an urgent £25bn.”

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Posted: 16th, September 2008 | In: Money, Tabloids Comments (8) | Follow the Comments on our RSS feed: RSS 2.0 | TrackBack | Permalink