And what itinvolved, essentially, was transferring50 billion dollars worth of assets off...
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And what it
involved, essentially, was transferring
50 billion dollars worth of assets off of
the balance sheet at the beginning or
end of each quarter, just before the reporting
would be made public
involved, essentially, was transferring
50 billion dollars worth of assets off of
the balance sheet at the beginning or
end of each quarter, just before the reporting
would be made public
Full Transcript
00:00:01.000 --> 00:00:02.992
And what it
involved, essentially, was
00:00:03.794 --> 00:00:05.831
transferring
50 billion dollars worth
00:00:05.921 --> 00:00:08.163
of assets off of
the balance sheet
00:00:08.841 --> 00:00:10.401
at the beginning or
end of each quarter,
00:00:11.051 --> 00:00:13.384
just before the reporting
would be made public.
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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.
