David Ambinder was the senior vice president of global business support services at Lehman Brothers. After the company's bankruptcy, he left the financial sector behind and is now a Mr. Handyman franchise owner. He joins Marketplace Morning Report host David Brancaccio to discuss what it was like when the company went bankrupt.
Click the audio player above to hear more. And click here to listen to the full interview, including a discussion about how Ambinder's life has changed since the 2008 financial crisis.
Lehman's Legacy: A TimelineFollow the key events before and after the Lehman Brothers collapse, and see how the financial crisis unfolded. Follow the timeline
This final note today, in which corporate America still, somehow, 12 years later just doesn't get it.
Herewith, two of the many marketing failures tied to this date. Number one: Marriott. The hotel chain has apologized for offering complimentary coffee and mini-muffins "in memory of those we lost on 9/11."
Item number two: The Tumbledown Trails golf course in Wisconsin. Nine holes with a cart, for only $9.11.
And the corporate blunders extend online too -- here are some of the most memorable corporate social media fails.
The international community is continuing to hammer out an agreement for Syria to hand over its chemical weapons and avoid a U.S. air strike. The deal was brokered by Russia, Syria's biggest protecter. How is Russia invested in Syria?
Syria was one of the Soviet Union's big allies during the Cold War. Russia still has a Navy installation there. But the Carnegie Endowment's Andrew Weiss says the base isn't much of an investment.
"It's really, basically, a glorified gas station that can handle four or five ships, max."
It is a pretty strategically placed gas station, though. The Woodrow Wilson Center's Matthew Rojanksy says Russia's stake in Syria is about geostrategy more than economics. That's a change from two years ago, Rojansky says, when Russia was still hoping to recoup billions of dollars Syria owes it from arms and infrastructure deals.
"I think all bets are off on whether that is going to be paid now, and I think what's changed dramatically is the relative importance of those debts versus other interests and equities that Russia has at stake in Syria."
Rojansky says Russia could still stand to benefit financially, if its efforts to avoid a U.S. strike sow good will ahead of the many rebuilding contracts that come at the end of civil war.
In a nationwide address, President Obama has asked Congress to postpone a vote on using force in Syria. The administration will pursue a diplomatic path while the U.S. and international community explore other ways to remove chemical weapons from Syria. The BBC's Steve Rosenberg joins Marketplace Morning Report host David Brancaccio to discuss what maintains the bond between Russia and Syria.
People who lack special needs but simply want to keep their pets with them all the time can easily find fake "service animal" certifications on the Web. But those phony credentials can create problems for people with disabilities who legitimately need trained service dogs.