Samuel Fuentes Profile picture
Founder @solidarityagent | We build custom apps, data pipelines & dashboards to help businesses move faster.
Apr 30 15 tweets 5 min read
In 2008, Lehman Brothers collapsed with $600 billion in assets.

But what most people don’t know?

Their risk system couldn’t even access 80% of their own trading data...

And that turned out to be fatal.

Here’s the truth behind the ‘silent killer’ of the 2008 crisis: Image March 2008:

A Lehman risk analyst discovers a disturbing pattern.

Their centralized risk system can only see 20% of their trading positions.

The remaining 80%? Scattered across 30+ siloed systems.

By the time they realized the full exposure, it was too late.