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That practice led people buying homes
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Inside Lehman Brothers

That practice ledpeople buying homes that they could not afford becausethey got it at a...

That practice led
people buying homes that they could not afford because
they got it at a low interest rate and nobody explained to them, in two years, your payment
is going to triple

Full Transcript

00:00:01.000 --> 00:00:03.583
That practice led people buying homes
00:00:03.669 --> 00:00:07.128
that they could not afford because they got it at a low interest rate
00:00:07.084 --> 00:00:09.422
and nobody explained to them,
00:00:09.508 --> 00:00:11.005
in two years, your payment is going to triple.
Duration
12 seconds
Views
71
Timestamp in Movie
00:15:34
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.
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.
But as time went on, - Inside Lehman Brothers 00:08
But as time went on,