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London, UK - 10 September 2009 1. Former Lehman Brothers skyscraper under cloudy skies 2. Bicycles parked outside former Lehman Brothers building 3. People on plaza in front of former Lehman Brothers building FILE: London, UK - 15 September 2008 4. Newspapers announcing collapse of Lehman Brothers 5. Policewoman shields sacked Lehman worker from media 6. Sacked employee with box walks past media into train station London, UK - 10 September 2009 7. Caroline White walks across design studio 8. Various of White looking at different kinds of fabrics 9. Artwork on wall inspired by collapse of Lehman Brothers 10. White's employee pass for Lehman Brothers 11. SOUNDBITE (English) Caroline White, banker turned designer: "I think it's quite unique in that it's been born out of a quite catastrophic event. Its creation and its early drive has been behind a concoction of different emotions. I think I'm looking to use those to create some beautiful and unique pieces." FILE: New York, US - 15 September 2008 12. Exterior of Lehman Brothers building in New York FILE: New York, US - 15 September 2008 13. Lehman employees removing personal belongings in boxes Arlington, Virginia, US - 8 June 2009 14. Jobless pilot Trent Bliven filmed through window of Arlington Employment Centre 15. SOUNDBITE (English) Trent Bliven, jobless pilot: "We were doing flying, mainly operating planes for relief stuff. Then the company lost their contract from the government, so we couldn't fly any more. So we had to come back. " 16. Various of pilot talking with employment advisor 17. SOUNDBITE (English) Fernando Delgardo, employment advisor: "Personally I have had people crying, I've had people very concerned about losing their homes, having to move, being homeless." Tokyo, Japan - 14 September 2009 18. Unemployed people hand out leaflets demanding better treatment 19. Jobless demonstrators standing beside banners 20. SOUNDBITE (Japanese) Tomoaki Okada, sacked car worker: "I am trying to make the best of this difficult situation. But I can't help wondering if there's a way to help us a bit more. I spent a week on the streets and I was lucky it wasn't longer. Being homeless is so tough." Yokohama, Japan - 14 September 2009 21. Nissan factory sign 22. Exterior of Nissan factory STORYLINE The demise of Lehman Brothers a year ago sparked the near-collapse of the international financial system, and triggered the worst recession for decades. It also cost thousands of people their jobs - causing personal and professional traumas that continue to this day. The Lehman Brothers skyscraper is one of the defining features of London's financial hub, Canary Wharf. People still work in the building, either as accountants or lawyers drafted in to deal with the aftermath of Lehman's implosion, or as bankers for Nomura who bought Lehman's European assets. But it's a shadow of its former self, a monument to a once-mighty bank that fell into the abyss. A far cry from the tumultuous events of 15 September 2008 when the world woke up to news that Lehman was about to bite the dust. Bankers turned up for work and were immediately told to clear their desks and leave, running the gauntlet of the media as they carried out their belongings in cardboard boxes. One of the banker who left Lehman Brothers that day was Caroline White. She earned hundreds of thousands of pounds a year, trading derivatives and other financial products. Now she's traded her entire career - and begun a new life as a designer. From a tiny studio in East London, White designs handbags and other high-end accessories. The studio is crammed with mementoes of her Lehman days - from her staff pass to an artwork commissioned in the aftermath of the bank's collapse. You can license this story through AP Archive: http://www.aparchive.com/metadata/youtube/5108e8be3589168520f1326c1fd1c2cc Find out more about AP Archive: http://www.aparchive.com/HowWeWork