What was the name of the 2008 global crash that followed the collapse of Lehman Brothers?

The 2008 global crash that followed the collapse of Lehman Brothers was part of the Global financial crisis.

Lehman Brothers filed for bankruptcy on September 15, 2008, after suffering heavy losses connected to mortgage-related securities and the U.S. housing downturn. Its failure intensified already severe strains in interbank lending and global financial markets.

The crisis had developed earlier through excessive leverage, weak underwriting, complex structured products, and rising defaults on U.S. subprime mortgages. Governments and central banks responded with emergency lending, bank rescues, guarantees, interest-rate cuts, and other extraordinary measures.

The Global financial crisis was broader than a single stock-market crash. It included a housing collapse, a banking crisis, recession, and large declines in equity markets around the world. “Great Recession” usually refers to the economic downturn associated with the crisis, not only the market sell-off.