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The SEC does not work properly
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Inside Lehman Brothers

The SEC does notwork properly and it hasn't in a long time

The SEC does not
work properly and it hasn't in a long time

Full Transcript

00:00:01.000 --> 00:00:02.707
The SEC does not work properly
00:00:02.794 --> 00:00:04.041
and it hasn't in a long time.
Duration
4 seconds
Views
19
Timestamp in Movie
01:06:44
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 major problem is the top people - Inside Lehman Brothers 00:06
The major problem is the top people
They are not people who have worked - Inside Lehman Brothers 00:05
They are not people who have worked
The top people at the SEC are at the Department of Justice - Inside Lehman Brothers 00:14
The top people at the SEC are at the Department of Justice
Why on earth would we expect them - Inside Lehman Brothers 00:04
Why on earth would we expect them
And they almost always then go back - Inside Lehman Brothers 00:05
And they almost always then go back
Well, now, instead of prosperity - Inside Lehman Brothers 00:27
Well, now, instead of prosperity
You have a director, the boss, the top boss, - Inside Lehman Brothers 00:12
You have a director, the boss, the top boss,
The guy that they put in was a lawyer from Deutsche Bank, - Inside Lehman Brothers 00:08
The guy that they put in was a lawyer from Deutsche Bank,
And, furthermore, Deutsche Bank is one of the banks - Inside Lehman Brothers 00:06
And, furthermore, Deutsche Bank is one of the banks
And then we expect him as the director of enforcement at the SEC - Inside Lehman Brothers 00:07
And then we expect him as the director of enforcement at the...
The terrible thing happened, - Inside Lehman Brothers 00:06
The terrible thing happened,
And as soon as they declared bankruptcy - Inside Lehman Brothers 00:05
And as soon as they declared bankruptcy
You can't do anything more in the state court - Inside Lehman Brothers 00:05
You can't do anything more in the state court
I can't see it now. They've taken out this now. - Inside Lehman Brothers 00:04
I can't see it now. They've taken out this now.
Oh, wow! "Lehman Brothers holdings and bankruptcy estate - Inside Lehman Brothers 00:12
Oh, wow! "Lehman Brothers holdings and bankruptcy estat...
Far less than the 11.4 billion - Inside Lehman Brothers 00:12
Far less than the 11.4 billion
But, as time went on and we came out of the recession, - Inside Lehman Brothers 00:06
But, as time went on and we came out of the recession,
And so we were contacted - Inside Lehman Brothers 00:08
And so we were contacted
So we had high expectations, finally, - Inside Lehman Brothers 00:07
So we had high expectations, finally,
We have been fighting this case in bankruptcy - Inside Lehman Brothers 00:06
We have been fighting this case in bankruptcy