Season 3, Episode 14 - The Fall of Lehman Brothers

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White Collar Crime and Fraud Podcast

Gene Tausk

45 episodes

1 day ago

An exploration of fraud and white collar crime. Your host is Gene P. Tausk of The Tausk Law Firm in Houston, TX. We will discuss various aspects of fraud and white collar crime involving fraud including: legal, historical, the personalities involved, law enforcement responses and the victims of fraud. Inquiries for future podcast subjects always welcome. Introduction and exit music: Dark Hallway (clean) Kevin MacLeod (incompetech.com). Licensed under Creative Commons: By Attribution 3.0 License. http://creativecommons.org/licenses/by/3.0/

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Season 3, Episode 14 - The Fall of Lehman Brothers

White Collar Crime and Fraud Podcast

31 minutes 26 seconds

2 years ago

Season 3, Episode 14 - The Fall of Lehman Brothers

Founded in about 1850, Lehman Brothers became one of the largest investment firms and wealth management organizations in the United States. At one point, it employed 14,000 people and occupied the entire 34 stories of 250 Vesey Street in Manhattan. Then, in September 2008, it all came crashing down. What happened? Was this fraud or incompetence or a bit of both? Let's talk about the fall of Lehman Brothers - one of the largest bankruptcies in the history of the United States.