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I remember my last day
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Inside Lehman Brothers

I remember my last day, after I came back offof stress leave

I remember my last day, after I came back off
of stress leave

Full Transcript

00:00:01.000 --> 00:00:02.787
I remember my last day,
00:00:02.877 --> 00:00:05.046
after I came back off of stress leave.
Duration
5 seconds
Views
54
Timestamp in Movie
00:12:50
Uploaded
Jun 26, 2025
Genres
documentary
Production
N/A

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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.
- Yes. - You weren't there - Inside Lehman Brothers 00:05
- Yes. - You weren't there
- God. - When I arrived at BNC Mortgage, - Inside Lehman Brothers 00:07
- God. - When I arrived at BNC Mortgage,
Last year was a record one for the housing market! - Inside Lehman Brothers 00:08
Last year was a record one for the housing market!
When you're making the largest investment of your life, - Inside Lehman Brothers 00:06
When you're making the largest investment of your life,
A home loan, refinance, - Inside Lehman Brothers 00:13
A home loan, refinance,
The overall expansion came following the tech bubble. - Inside Lehman Brothers 00:04
The overall expansion came following the tech bubble.
The tech bubble burst in '01, '02 - Inside Lehman Brothers 00:06
The tech bubble burst in '01, '02
Interest rates were pushed way down - Inside Lehman Brothers 00:06
Interest rates were pushed way down
And at the same time, there was this expansion - Inside Lehman Brothers 00:11
And at the same time, there was this expansion
And put One Percent Realty and Loans' experts to work for you! - Inside Lehman Brothers 00:26
And put One Percent Realty and Loans' experts to work f...
Because subprimes came into play - Inside Lehman Brothers 00:13
Because subprimes came into play
- So now they offer subprimes. - Tammy has a mortgage - Inside Lehman Brothers 00:24
- So now they offer subprimes. - Tammy has a mortgage
And sales is sales, you know, if you got the gift of gab - Inside Lehman Brothers 00:11
And sales is sales, you know, if you got the gift of gab
Somebody sold them a dream that was not true. - Inside Lehman Brothers 00:05
Somebody sold them a dream that was not true.
That practice led people buying homes - Inside Lehman Brothers 00:12
That practice led people buying homes
And so if you go from a 1200 dollar payment - Inside Lehman Brothers 00:08
And so if you go from a 1200 dollar payment
The higher the interest rate that they were charging - Inside Lehman Brothers 00:11
The higher the interest rate that they were charging
And then they would charge an origination fee, - Inside Lehman Brothers 00:05
And then they would charge an origination fee,
And then on that back end with an interest rate - Inside Lehman Brothers 00:09
And then on that back end with an interest rate
And once the loan officers and all of the parties - Inside Lehman Brothers 00:12
And once the loan officers and all of the parties