Wednesday 24 Sep 2014
On 15 September 2008, New York-based Lehman Brothers, one of the world鈥檚 oldest and most respected investment banks, filed for Chapter 11 bankruptcy protection. It was the largest bankruptcy filed in US corporate history.
One year on from this pivotal event, the 成人论坛鈥檚 global news services - 成人论坛 World Service, 成人论坛 World News and 成人论坛.com - are launching Aftershock, a season investigating the impact of the global recession on all facets of life since that seismic day. Highlights include:
Aftershock on 成人论坛 World Service:
The Aftershock season launches on 5 September, with the premiere of The Day that Lehman Died, a new 60-minute radio drama which marks the anniversary of the collapse of this iconic bank. It is a fictionalised account of events over the weekend prior to the bank's demise; where bankers argued and negotiated, all too aware that Lehman was not the only one of its kind in trouble. This drama looks at how the critical decision to let Lehman die was made. Written by Matthew Solon, an award-winning writer whose work has featured on 成人论坛 World Service and Radio 4, the play is directed by John Dryden, whose previous credits include the 10-part serialisation of Vikas Swarup鈥檚 鈥淨 & A鈥 (Slumdog Millionaire) for 成人论坛 Radio 4, which won the 2008 Sony Award for Best Drama.
The Day that Lehman Died was recorded on location in and around Wall Street, including at the New York Stock Exchange, with cast members including John Shea and John Rothman and was made with the assistance of WNYC Public Radio in New York.
Special editions of Business Daily from 7 September feature 成人论坛 Business Correspondent Steve Evans in Las Vegas, examining the state of the US housing market, one year on from the collapse of mortgage firms Fannie Mae and Freddie Mac. On 9 September, four former Lehman employees talk about their careers pre and post the collapse, while on 11 September, Lesley Curwen in Dalian, China, reports from the World Economic Forum Annual Meeting of New Champions.
In Assignment, 10 September, Ed Butler examines the growing demand for reform of the world's leading business schools.
During September, 成人论坛 World Service will reveal the results of a migration study, commissioned from the Migration Policy Institute in Washington, which examines the impact of the financial downturn on the movement of people around the world. Focusing on the performance of government and business leaders, 成人论坛 World Service鈥檚 Aftershock Poll will find out how people have rated the performance of those in the power and the measures that have been introduced to address the crisis.
The financial crisis affected different parts of the world in different ways. 成人论坛 World Service will focus on the regional impact of the financial crisis. Highlights include special reports and in-depth analysis by the Central Asia and Caucasus services - 成人论坛 Azeri, 成人论坛 Kyrgyz and 成人论坛 Uzbek which will assess the political fallout of the downturn and whether it has enhanced the authority of the leaders in countries such as Azerbaijan, Kyrgyzstan and Uzbekistan.
成人论坛 Russian examines why Russia's initial reaction to crisis was a denial and focuses on the experiences of ordinary people during the past year, including Russian-speaking City workers in London and businessmen in Omsk.
成人论坛 Hausa explores the impact of the significant reduction in Nigeria's earnings which has forced the federal government to slash its allocations to the states and local governments.
成人论坛 Hindi will focus on how the Indian economy has survived the slump and follow the people who lost their jobs in the Indian credit market.
成人论坛 Swahili examines the impact of the financial downturn on both Kenya鈥檚 flower trade to Europe, the tourism trade to Kenya, Tanzania and Rwanda and its effect on mining in Tanzania. There will also be a focus on the tightening of diaspora remittances to Uganda.
成人论坛 Arabic focuses on the impact of the recession on the Arab world and especially the Gulf States, across radio, online and TV. Audiences across the Arab world will be invited to share their stories on a special Have Your Say on bbcarabic.com. These stories will form part of the multimedia program Noqtat Hewar, live on TV and radio. A special index for Aftershock will be published on bbcarabic.com with stories and in-depth analysis and an interactive timeline. A special edition of the Open Agenda programme on 成人论坛 Arabic will discuss the impact of the recession on the Arab world and especially the Gulf States.
Aftershock on 成人论坛 World News:
成人论坛 World News, the 成人论坛's international 24/7 news and information channel, launches the Aftershock season on 7 September across its news programmes.
Premiering on 成人论坛 World News, in Lehman's: How a Busted Bank Changed the World, the 成人论坛's Business Editor Robert Peston will examine what happened and what we've learned since the day the money stopped. In this new documentary, he meets many of the people who witnessed the demise of Lehman's, from bank bosses, to Wall Street Lawyers and Government Regulators and ask them a year on, if anything has changed. Lehman鈥檚: How a Busted Bank Changed the World will transmit on 成人论坛 World News on 12 September (and 成人论坛 World Service鈥檚 Business Daily on 15 September).
Marking the start of the week which saw the real crisis in the financial markets, 成人论坛 World News begins its extensive news coverage with reports across the globe including Shanghai, Mumbai, New York and Japan. Special reports on how the credit crunch has affected the housing market and small businesses will also be aired from the U.S. in conjunction with Labour Day.
成人论坛 World News' World Business Report, from 06.30 GMT on 10 September, will bring viewers live news from Dalian in China on the World Economic Forum Annual Meeting of New Champions.
On the weekend of 12 and 13 September, India Business Report, 成人论坛 World News' special programme devoted to business news from Mumbai, provides in-depth analysis on the big Indian conglomerates that took advantage of the credit crunch by buying Western companies.
In an ambitious and truly global production, 成人论坛 World News will broadcast a series of live reports from the channel's expert presenters across the world on 15 September from 15.00 GMT. Mishal Husain (Singapore), Nik Gowing (Mumbai), Matt Frei (New York) and Jonathan Charles, Lucy Hockings, George Alagiah and Tanya Beckett in (London) will report on: Where is the banking system now and where is it going? What happened to the big Wall Street players? How much did the banks eventually write off and who were the winners and losers? The shifting of power to China and Asia? Could this happen again? And how much did banks eventually write off?
成人论坛 World News broadcasts Working Lives: Dubai, a co-production with 成人论坛 Persian TV, on 12 September. The programme follows the experiences of five people including a taxi driver and a billionaire, who have to deal with life's current economic realities in a land of economic promise.
Our World: Hollywood or Bust airs on 16 September and provides an analysis on how Hollywood's movie industry can survive the recession. The programme also broadcasts a candid interview with Sumner Redstone, the head of one of the world's largest media conglomerates, VIACOM.
成人论坛 World News America marks the one-year anniversary of the Lehman Brothers collapse and ensuing global economic meltdown with two special programmes anchored live from New York by Matt Frei: 14 September (from the 成人论坛鈥檚 New York bureau) and 15 September (from Wall Street). In addition, special features leading up to the G20 Summit in Pittsburgh include an in-depth report from Washington Correspondent Katty Kay addressing a crucial question: is the U.S. government's massive economic stimulus programme actually working? The recovery in China also comes under the spotlight in a report that asks if the Chinese might be replacing America as the world's dominant economic player. And 成人论坛 World News America meets three people who personify the links in the financial chain that led to last year鈥檚 economic collapse 鈥 the American homebuyer, the Wall Street financier who repackaged their sub-prime mortgage, and the Chinese investor who bought it.
Premiering across the 成人论坛鈥檚 international news services a series of multiplatform debates: 成人论坛 World Service鈥檚 daily news interactive discussion show, hosted by Ros Atkins, World Have Your Say on 11 September will find out first-hand from people around the world how the global recession has impacted on their lives. People can join this global conversation via telephone, online, via mobile and Twitter - 成人论坛_WHYS to share their experiences with others and follow the debate on 成人论坛 World Service and 成人论坛 World News. From New York, the 成人论坛 will host Aftershock: A Global Economic Debate, chaired by Matt Frei with Stephanie Flanders, which premieres on 15 September on 成人论坛 World Service, at 17.00-18.00 GMT and 成人论坛 World News America, and 19 September on 成人论坛 World News.
bbc.com/aftershock
During September, the Aftershock website bbc.com/aftershock will feature interactive graphics, charting the impact of the financial crisis around the world including graphics tracking the spend of governments鈥 money on bank bailouts. The website will offer audiences the opportunity to share their personal experiences of the past year via a global interactive mood map.
For further information, schedules, images, biographies and contact details, please visit:
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