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Somebody sold them a dream that was not true
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Inside Lehman Brothers

Somebody sold thema dream that was not true

Somebody sold them
a dream that was not true

Full Transcript

00:00:01.000 --> 00:00:04.664
Somebody sold them a dream that was not true.
Duration
5 seconds
Views
75
Timestamp in Movie
00:15:29
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.
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
But you as a homeowner can't sustain your mortgage. - Inside Lehman Brothers 00:04
But you as a homeowner can't sustain your mortgage.
You would take a thousand subprime mortgages, - Inside Lehman Brothers 00:18
You would take a thousand subprime mortgages,
And a second belief was that the value - Inside Lehman Brothers 00:05
And a second belief was that the value
So when the Lehman Brothers of the world - Inside Lehman Brothers 00:11
So when the Lehman Brothers of the world
And, ultimately, when they started to fail, - Inside Lehman Brothers 00:08
And, ultimately, when they started to fail,
The 2008 crash is still a big open book - Inside Lehman Brothers 00:06
The 2008 crash is still a big open book
I focus on it all the time - Inside Lehman Brothers 00:06
I focus on it all the time
It's an email I get called "Compliance Exchange", - Inside Lehman Brothers 00:12
It's an email I get called "Compliance Exchange&qu...
It says, "Barclays information security chief - Inside Lehman Brothers 00:10
It says, "Barclays information security chief
Barclays bought some of the Lehman Brothers business - Inside Lehman Brothers 00:07
Barclays bought some of the Lehman Brothers business
And you have to dream up legal ways - Inside Lehman Brothers 00:15
And you have to dream up legal ways
But if there's no law, it's not illegal, - Inside Lehman Brothers 00:05
But if there's no law, it's not illegal,
We were pushing hard on legal questions - Inside Lehman Brothers 00:10
We were pushing hard on legal questions
But we would find a way to tell ourselves it was legal. - Inside Lehman Brothers 00:05
But we would find a way to tell ourselves it was legal.