Thursday is the 8th anniversary of the seismic bankruptcy of Lehman Brothers. “There had been bad blood between the head of Lehman and Treasury,” said TheStreet’s Action Alerts PLUS Portfolio Manager Jim Cramer. “In that last 48 hours there were a lot of things that happened that have yet to be told.” Cramer said the government has made banks raise lots of capital since the financial crisis and investors should feel safer eight years later, though Cramer said that doesn’t mean another collapse is impossible.
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