Thursday 18 June 2009

After the collapse of Lehman Brothers, this picture was posted on the BBC website. This doesn't show the effect off what this crisis has on the economy and society. But it does show the vast size of the bank. Considering how important this bank is the picture doesn't give the full picture of what has occurred.

This was the background information given: "Wall Street bank Lehman Brothers has filed for chapter 11 bankruptcy protection, rival Merrill Lynch has sought refuge by selling itself to Bank of America, and insurance giant AIG needs emergency funding. The collapse of Lehman has triggered turmoil in global financial markets, but the repercussions go much wider.

From this it changes the way we view the picture. Without the anchorage the picture doesn't have that much of an impact. However with the anchorage we gain sudden realisation of what has happened.

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