When Lehman Brothers Collapsed on 15 September 2008, It Had

Multiple Choice

When Lehman Brothers collapsed on 15 September 2008, it had a massive effect on other financial companies such as AIG because

A) Lehman's was an important player in the inter-bank market.
B) Many of them had sold CDS that provided insurance against default by Lehman's.
C) Governments and central banks panicked.
D) Redundant Lehman's employees made claims on their unemployment insurance policies, sold by these companies.