And we were basically hiding certain of those awardsthrough a loophole, a technical...
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And we were basically hiding certain of those awards
through a loophole, a technical interpretation
of a law, of the rules, that we said, no,
we can twist that this way and find a way where
we can leave off hundreds of millions of
dollars worth of pay
through a loophole, a technical interpretation
of a law, of the rules, that we said, no,
we can twist that this way and find a way where
we can leave off hundreds of millions of
dollars worth of pay
Full Transcript
00:00:01.000 --> 00:00:03.208
And we were basically hiding
00:00:03.878 --> 00:00:06.837
certain of those awards
through a loophole,
00:00:06.923 --> 00:00:10.837
a technical interpretation
of a law, of the rules,
00:00:10.927 --> 00:00:13.092
that we said, no,
we can twist that this way
00:00:14.013 --> 00:00:16.926
and find a way where
we can leave off
00:00:17.998 --> 00:00:19.099
hundreds of millions of
dollars worth of pay.
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Movie Summary
Inside Lehman Brothers is the autopsy of a crime by those who tried to prevent it from within. Mortgage brokers from California and a handful of New York executives called out these fraudulent transactions. But nobody listened.
