Taiwan stock index plunges amid alarm over world's financial system

The video discusses the financial crisis involving major banks like Bank of America and Barclays, focusing on the potential bankruptcy of Lehman Brothers and the financial troubles of AIG. It explores the lack of buyers for Lehman Brothers and the global impact of its collapse, concluding with the implications for Taiwan.

Which two banks withdrew from the negotiations to acquire Lehman Brothers, leading to a potential crisis?

• HSBC and Citibank

• Bank of America and Barclays

• Wells Fargo and Deutsche Bank

• Goldman Sachs and Morgan Stanley

What was the main concern regarding Lehman Brothers' situation?

• Expanding into new markets

• Increasing its market share

• Finding a buyer to prevent its bankruptcy

• Reducing its workforce

What financial issue was AIG facing during this period?

• A leadership change

• A technological upgrade

• A merger with another company

• A financial crisis

Why was the potential bankruptcy of Lehman Brothers considered a serious issue globally?

• It was a small local bank

• It had no international presence

• It was a new company

• It was the fourth largest financial institution

What would be the global perception if no one acquired Lehman Brothers?

• It would be seen as a major financial failure

• It would boost confidence in the market

• It would have no impact

• It would lead to a technological revolution