I have no doubt that the official line, whenever they may be asked about the collapse and filing for Chapter 11 of the investment bank Lehman Brothers, will be somethign like "this is a problem that has started in the US and hit the whole global economy, Gordon is getting on with the job and the right man to take us through these troubled and challenging times".
Meanwhile anyone with half a brain will be going "oh fuck, if Lehman Brothers go under who next? Merrill Lynch?" Yes they may just be an investment bank but that makes it all the more scarier because what and who do they own? Or more correctly, what businesses have liabilities tied up with Lehmann and whoever else might follow?
Whilst Gordon Brown faces all sort of leadership questions, the far greater stroy of the day right now has to be what the knock-on of Lehmann going belly up will be. There is an interesting point on this in relation to Brown in the Times today by William Rees-Mogg. He noted that Brown was stupid to claim he would end "boom and bust" because it showed he didn't understand global economics. Too true.