The Collapse Of Lehman Brothers

11 hours ago
162

This documentary examines the collapse of Lehman Brothers in September 2008, the largest bankruptcy in U.S. history, triggered by the subprime mortgage crisis and marked by $631 billion in debt. It details the internal fraudulent practices, such as suspicious transactions in mortgage-backed securities, highlighted by whistleblowers like Matthew Lee and mortgage brokers who raised alarms but were ignored. The film traces the events leading to the firm's downfall, including failed bailout attempts and the refusal to approve billions in irregular deals, resulting in massive client exodus and global economic shockwaves. Through interviews with executives like Anton Valukas, Oliver Budde, and Cheryl McNeil, it portrays the autopsy of the crisis from insiders who attempted to prevent it.

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