Remembering the Lehman Collapse

September 11, 2012

Remembering the Lehman Collapse

First Read: "While we're focused on today's remembrance, don't lose sight of another anniversary this week -- the Sept. 15, 2008 collapse of Lehman Brothers. It's worth noting that the retrospectives we might see of that anniversary could further the narrative that the Obama campaign and Democrats want to tell: that the country is better off from four years ago beginning on Sept. 15, 2008. It's also an opportunity for third-party validators to talk about the deep hole the country was in from 2008 to early 2009. Now conservatives and critics might use the anniversary to examine TARP's effectiveness and to make the case that Wall Street is better off than Main Street. But overall, 9/15 advances the narrative of the U.S. economy's dire shape four years ago."

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Taegan D. Goddard is the founder of Political Wire, one of the earliest and most influential political web sites.

Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.

Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country, including the Washington Post, USA Today, Boston Globe, San Francisco Chronicle, Chicago Tribune, Philadelphia Inquirer and Christian Science Monitor.

Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.

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September 11, 2012