# Prof. Richard Sylla discusses the aftershocks of the financial crisis

1 Faculty News September 13, 2013 ![Bankrate logo](/sites/default/files/styles/246w/public/assets/images/con_030934.jpg?itok=snzuY3k_)>

Excerpt from [Bankrate.com](http://www.bankrate.com/finance/investing/aftershocks-financial-crisis-1.aspx) -- "'The markets were shocked by that because they assumed \[the Lehman collapse\] couldn't happen,' says [Richard Sylla](http://www.stern.nyu.edu/faculty/bio/richard-sylla), a professor of economics and financial history at New York University. 'That was really the worst part of the crisis.'"

[Read more](http://www.bankrate.com/finance/investing/aftershocks-financial-crisis-1.aspx)