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What I remember from BNC is doing my background on them
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Inside Lehman Brothers

What I remember from BNC isdoing my background on them because I needed to makesure they...

What I remember from BNC is
doing my background on them because I needed to make
sure they were stable and that they were reputable

Full Transcript

00:00:01.000 --> 00:00:04.368
What I remember from BNC is doing my background on them
00:00:04.462 --> 00:00:06.749
because I needed to make sure they were stable
00:00:06.839 --> 00:00:08.421
and that they were reputable.
Duration
8 seconds
Views
47
Timestamp in Movie
00:10:33
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 when I did the research, I googled them, - Inside Lehman Brothers 00:13
And when I did the research, I googled them,
And so I felt very confident about making the switch. - Inside Lehman Brothers 00:04
And so I felt very confident about making the switch.
And, unfortunately, they didn't turn out to be so reputable. - Inside Lehman Brothers 00:05
And, unfortunately, they didn't turn out to be so reput...
When I got into the business, - Inside Lehman Brothers 00:20
When I got into the business,
So, an underwriter that never underwrites - Inside Lehman Brothers 00:07
So, an underwriter that never underwrites
And that's what puts the target on our back, - Inside Lehman Brothers 00:14
And that's what puts the target on our back,
- Hello? - I'm coming up close - Inside Lehman Brothers 00:04
- Hello? - I'm coming up close
Keep straight and I'll flag you down. - Inside Lehman Brothers 00:06
Keep straight and I'll flag you down.
- Oh, yeah. - All right, well, - Inside Lehman Brothers 00:04
- Oh, yeah. - All right, well,
The nice change about it is that - Inside Lehman Brothers 00:07
The nice change about it is that
I remember my last day, - Inside Lehman Brothers 00:05
I remember my last day,
- 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