The fall of financial titans: top 3 catastrophic bankruptcies ⚡️ Hamster Academy

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⚡️Hamster Academy⚡️

Hey Hamsters! 🐹 Ah, the thrill of success! Who doesn’t want to experience that? Everybody does. But what happens when the overwhelming thrill of the success clouds your judgment and makes you take the wrong turn? Or a lot of wrong turns? Today, we're diving into three of the world's biggest bankruptcies — Lehman Brothers, Enron, and Washington Mutual. These weren't just falls — they were catastrophic, history-making collapses. We'll explore how Lehman Brothers, a 160-year-old financial giant, crumbled under the weight of risky investments during the 2008 financial crisis. Next, we'll uncover the rise and fall of Enron, a $100 billion energy company that collapsed due to financial manipulation and the bursting of the dot-com bubble. Finally, we'll look at Washington Mutual, once a pillar of American banking, which met its demise due to aggressive expansion into subprime mortgages. Each of these stories offers valuable lessons on the dangers of overextending and taking on excessive risk. Subscribe to Hamster Kombat for more insightful content 💪

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