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Inside Lehman Brothers

Now it was black and white, and I knew that they werebreaking the law, and so I brought...

Now it was black and white, and I knew that they were
breaking the law, and so I brought that
to the SEC in April of 2008

Full Transcript

00:00:01.000 --> 00:00:02.741
Now it was black and white,
00:00:02.835 --> 00:00:05.122
and I knew that they were breaking the law,
00:00:05.212 --> 00:00:08.058
and so I brought that to the SEC in April of 2008.
Duration
9 seconds
Views
27
Timestamp in Movie
00:55:01
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.
The Securities and Exchange Commission is the regulator - Inside Lehman Brothers 00:09
The Securities and Exchange Commission is the regulator
You submit the material through an email, - Inside Lehman Brothers 00:05
You submit the material through an email,
I gave them all this information that said, hey, - Inside Lehman Brothers 00:08
I gave them all this information that said, hey,
It was easy enough for a reporter, - Inside Lehman Brothers 00:06
It was easy enough for a reporter,
And I sent it in and I got an automatic email back - Inside Lehman Brothers 00:10
And I sent it in and I got an automatic email back
And then I remembered this code of ethics - Inside Lehman Brothers 00:07
And then I remembered this code of ethics
And I remember how I thought it was funny - Inside Lehman Brothers 00:10
And I remember how I thought it was funny
So it was telling me, the code of ethics - Inside Lehman Brothers 00:07
So it was telling me, the code of ethics
So I sat down on Sunday afternoon with my computer - Inside Lehman Brothers 00:05
So I sat down on Sunday afternoon with my computer
"During my tenure with the firm, - Inside Lehman Brothers 00:10
"During my tenure with the firm,
I have become aware of certain conduct and practices, - Inside Lehman Brothers 00:08
I have become aware of certain conduct and practices,
The firm has tens of billions of dollars - Inside Lehman Brothers 00:11
The firm has tens of billions of dollars
In any event, the firm's senior management - Inside Lehman Brothers 00:15
In any event, the firm's senior management
"But I felt compelled, both morally and legally, - Inside Lehman Brothers 00:07
"But I felt compelled, both morally and legally,
I wanted to hand deliver it because if I'd just put in internal mail - Inside Lehman Brothers 00:08
I wanted to hand deliver it because if I'd just put in ...
Part of the reason I sent it to four people - Inside Lehman Brothers 00:06
Part of the reason I sent it to four people
And, actually, out of the four, only one of them - Inside Lehman Brothers 00:07
And, actually, out of the four, only one of them
And I just walked into the room, thrust it in his face. - Inside Lehman Brothers 00:04
And I just walked into the room, thrust it in his face.
He took it and kept on going. And I went, bye! - Inside Lehman Brothers 00:05
He took it and kept on going. And I went, bye!
I felt relief, and I walked into the office - Inside Lehman Brothers 00:13
I felt relief, and I walked into the office