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Rebuilding lives, 10 years after Lehman's fall
Revisiting the people photographed in the aftermath of Lehman Brothers' collapse, an event that intensified the already widespread chaos in markets that brought the financial system to its knees and tipped the world economy into a deep recession.
FINANCIAL-CRISIS2008/LEHMAN
RTS20WJY
September 11, 2018
Bankers attend an emergency meeting at the London office of Lehman Brothers, in the financial district...
London, United Kingdom
The Wider Image: Rebuilding lives, 10 years after Lehman's fall
Bankers attend an emergency meeting at the London office of Lehman Brothers, in the financial district of Canary Wharf in London, Britain, September 11, 2008. The photograph caught the moment when Gwion Moore, one of those pictured in the photograph, and his colleagues were being told by bosses that things were going to be OK, despite the plummeting Lehman Brothers share price. "Senior management thought they needed to get the workforce focused again," Moore said. "The phrase was stop 'goofing around and get back to work'. I don't think anyone took the message very seriously because we went back to doing what we had been doing beforehand. No one was going to trade with us." REUTERS/Kevin Coombs/File photo SEARCH "LEHMAN 10" FOR THIS STORY. SEARCH "WIDER IMAGE" FOR ALL STORIES. TPX IMAGES OF THE DAY.
FINANCIAL-CRISIS2008/LEHMAN
RTS20WK7
September 11, 2018
Former Lehman Brothers employee Gwion Moore poses for a portrait in central Sydney, Australia, September...
Sydney, Australia
The Wider Image: Rebuilding lives, 10 years after Lehman's fall
Former Lehman Brothers employee Gwion Moore poses for a portrait in central Sydney, Australia, September 11, 2018. Moore is one of those pictured in the Reuters photograph on Sept. 11, 2008, which became a symbol of the global financial crisis - 20 bankers attending an emergency meeting at the London office of Lehman Brothers, their backs turned to the window as the firm slid into collapse. He recalled the contrast between the growing sense of panic in financial markets over the fate of the stricken firm with the mood inside the building at the time. "It was almost a festival atmosphere at the bank. We weren't doing any business. But people were still coming to work and just chatting to each other," Moore said. He now works in his native Australia. REUTERS/David Gray SEARCH "LEHMAN 10" FOR THIS STORY. SEARCH "WIDER IMAGE" FOR ALL STORIES.
FINANCIAL-CRISIS2008/LEHMAN
RTS20WJU
September 11, 2018
Eric Lipps, 52, waits in line to enter the NYCHires Job Fair in New York, United States, December 9,...
New York, UNITED STATES
The Wider Image: Rebuilding lives, 10 years after Lehman's fall
Eric Lipps, 52, waits in line to enter the NYCHires Job Fair in New York, United States, December 9, 2009. REUTERS/Shannon Stapleton/File photo SEARCH "LEHMAN 10" FOR THIS STORY. SEARCH "WIDER IMAGE" FOR ALL STORIES.
FINANCIAL-CRISIS2008/LEHMAN
RTS20WKL
September 11, 2018
Eric Lipps, 61, a U.S. public sector worker, poses for a photograph outside 4 World Trade Center nearly...
New York, UNITED STATES
The Wider Image: Rebuilding lives, 10 years after Lehman's fall
Eric Lipps, 61, a U.S. public sector worker, poses for a photograph outside 4 World Trade Center nearly a decade after he was pictured in line at a jobs fair in New York, in New York, U.S., August 17, 2018. "Mercifully I had money so I wasn't going to be hand to mouth," Lipps said. "Still it was a little nervous time because I didn't know how long I was going to be unemployed." Lipps was hired a few months after losing his job as a child support enforcement officer in New York, a job he continues to hold. REUTERS/Shannon Stapleton SEARCH "LEHMAN 10" FOR THIS STORY. SEARCH "WIDER IMAGE" FOR ALL STORIES.
FINANCIAL-CRISIS2008/LEHMAN
RTS20WJQ
September 11, 2018
Alistair Darling, Britain's Chancellor of the Exchequer, leaves the Houses of Parliament after giving...
London, United Kingdom
The Wider Image: Rebuilding lives, 10 years after Lehman's fall
Alistair Darling, Britain's Chancellor of the Exchequer, leaves the Houses of Parliament after giving his pre-budget report, in London, Britain, December 9, 2009. REUTERS/Luke MacGregor/File photo SEARCH "LEHMAN 10" FOR THIS STORY. SEARCH "WIDER IMAGE" FOR ALL STORIES.
FINANCIAL-CRISIS2008/LEHMAN
RTS20WK3
September 11, 2018
Former UK finance minister (Chancellor of the Exchequer), Alistair Darling, poses for a photograph in...
Edinburgh, United Kingdom
The Wider Image: Rebuilding lives, 10 years after Lehman's fall
Former UK finance minister (Chancellor of the Exchequer), Alistair Darling, poses for a photograph in Edinburgh, Scotland, Britain, Aug 31, 2018. Darling was in charge of the British economy as the financial crisis escalated. Now a member of the upper house of parliament, he says the decision by the Conservative-led government in 2010 to try to wipe the country's budget deficit in five years extended the slowdown in the economy. "What is commonly called austerity has prolonged the downturn. It has taken far, far longer to see a recovery and of course the process is by no means complete," he said. REUTERS/Russell Cheyne SEARCH "LEHMAN 10" FOR THIS STORY. SEARCH "WIDER IMAGE" FOR ALL STORIES.
FINANCIAL-CRISIS2008/LEHMAN
RTS20WKA
September 11, 2018
Jose Manuel Abel, 46, smokes a cigarette as he waits to catch a flight to Munich at El Prat airport in...
Barcelona, Spain
The Wider Image: Rebuilding lives, 10 years after Lehman's fall
Jose Manuel Abel, 46, smokes a cigarette as he waits to catch a flight to Munich at El Prat airport in Barcelona, Spain, June 29, 2012. Abel bade farewell to his wife and children and left his native Spain after losing his job. He moved to Germany to work in a Spanish restaurant. REUTERS/Marcelo del Pozo/File photo SEARCH "LEHMAN 10" FOR THIS STORY. SEARCH "WIDER IMAGE" FOR ALL STORIES.
FINANCIAL-CRISIS2008/LEHMAN
RTS20WJM
September 11, 2018
Jose Manuel Abel, 52, cleans a table in the restaurant where he works as a waiter in Chipiona, southern...
CHIPIONA, Spain
The Wider Image: Rebuilding lives, 10 years after Lehman's fall
Jose Manuel Abel, 52, cleans a table in the restaurant where he works as a waiter in Chipiona, southern Spain, August 23, 2018. Abel bade farewell to his wife and children and left his native Spain in 2012 after losing his job. He spent six years in Germany doing low-paid work before returning home last year. He now has a temporary job as a waiter, working 17 hours a day, but he expects to be laid off once the summer tourists stop coming to Chipiona. "I'm working as a waiter and I don't have a problem with that because I think that any kind of job is respectable," Abel said. "I have studies, training and I intend to use them in the future." Abel is also working with friends to set up a local political party which will contest municipal elections in 2019. "I don't want my sons to suffer and live what I had to live through," he said. "I don't want them to migrate and look for a job opportunity away from this marvellous place." REUTERS/Marcelo del Pozo SEARCH "LEHMAN 10" FOR THIS STORY. SEARCH "WIDER IMAGE" FOR ALL STORIES.
FINANCIAL-CRISIS2008/LEHMAN
RTS20WJO
September 11, 2018
Tsutomu Fukasawa (R), a foreign exchange dealer, works with a colleague at Tokyo Forex & Ueda Harlow,...
Tokyo, Japan
The Wider Image: Rebuilding lives, 10 years after Lehman's fall
Tsutomu Fukasawa (R), a foreign exchange dealer, works with a colleague at Tokyo Forex & Ueda Harlow, almost 10 years on from the collapse of Lehman Brothers, in Tokyo, Japan, August 27, 2018. After the crisis, some of the firm's customers left the market. Now Fukasawa thinks Japan's economy is gradually recovering lost ground. "It seems to me that Japanese economy suffered a big hit. However it is slowly but surely catching up with the global financial market," he said. REUTERS/Kim Kyung-Hoon SEARCH "LEHMAN 10" FOR THIS STORY. SEARCH "WIDER IMAGE" FOR ALL STORIES.
FINANCIAL-CRISIS2008/LEHMAN
RTS20WKE
September 11, 2018
Hikaru Aizawa, who entertains female customers as a host in a club in Tokyo's red light district, poses...
Tokyo, Japan
The Wider Image: Rebuilding lives, 10 years after Lehman's fall
Hikaru Aizawa, who entertains female customers as a host in a club in Tokyo's red light district, poses for a photograph at his host club in Tokyo's Kabukicho nightlife district, Japan, June 25, 2009. REUTERS/Toru Hanai SEARCH "LEHMAN 10" FOR THIS STORY. SEARCH "WIDER IMAGE" FOR ALL STORIES.
FINANCIAL-CRISIS2008/LEHMAN
RTS20WJX
September 11, 2018
Hikaru Aizawa, a Japanese businessman who formerly entertained female customers as a host in a club in...
Tokyo, Japan
The Wider Image: Rebuilding lives, 10 years after Lehman's fall
Hikaru Aizawa, a Japanese businessman who formerly entertained female customers as a host in a club in Tokyo's red light district, poses for a photograph at one of his offices in Tokyo, Japan, August 18, 2018. "After the Lehman crash, the first thing people did was to stop spending money in the red-light district," said Aizawa. He has three clubs of his own and employs more than 70 men to staff them. Aizawa also set up two other business ventures unrelated to his clubs. REUTERS/Toru Hanai SEARCH "LEHMAN 10" FOR THIS STORY. SEARCH "WIDER IMAGE" FOR ALL STORIES.
FINANCIAL-CRISIS2008/LEHMAN
RTS20WKB
September 11, 2018
Maria Isabel Rodriguez Romero and her husband Benigno Ferrer (under white blanket) sleep next to their...
Madrid, Spain
The Wider Image: Rebuilding lives, 10 years after Lehman's fall
Maria Isabel Rodriguez Romero and her husband Benigno Ferrer (under white blanket) sleep next to their daughter Maria Isabel Ferrer Rodriguez, 8, (top L) outside the apartment where they were evicted from in Madrid, Spain, September 27, 2013. The family lost their home in a rent-controlled apartment in Madrid after falling behind with payments. REUTERS/Susana Vera/File photo ATTENTION EDITORS : SPANISH LAW REQUIRES THAT FACES OF MINORS ARE MASKED IN PUBLICATIONS WITHIN SPAIN SEARCH "LEHMAN 10" FOR THIS STORY. SEARCH "WIDER IMAGE" FOR ALL STORIES.
FINANCIAL-CRISIS2008/LEHMAN
RTS20WK0
September 11, 2018
Maria Isabel Rodriguez Romero, 48, lowers the shutters so her father Efren Rodriguez Gonzalez, 74, can...
Toledo, Spain
The Wider Image: Rebuilding lives, 10 years after Lehman's fall
Maria Isabel Rodriguez Romero, 48, lowers the shutters so her father Efren Rodriguez Gonzalez, 74, can sleep in the living room of the home where they are squatting in a village in the province of Toledo, central Spain, August 8, 2018. The family lost their home in a rent-controlled apartment in Madrid after falling behind with payments. "We are squatting because we can't afford to rent. We are being asked for deposits of more than 1,000 euros and we don't have that kind of money saved," Rodriguez said. REUTERS/Susana Vera SEARCH "LEHMAN 10" FOR THIS STORY. SEARCH "WIDER IMAGE" FOR ALL STORIES.
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