A Diary of Lehman's Last Days

A Diary of Lehman's Last Days

Assessment

Interactive Video

Business

University

Hard

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The transcript details a personal account of working at Lehman Brothers during its financial crisis. It begins with a farewell and sharing of contact information, followed by a reassuring conference call about the company's future. Despite initial shock, there was hope for a new beginning with Barclays' involvement. The narrative also touches on the anxiety caused by corporate restructuring and reflects on past fears of unemployment, ultimately finding resolution.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the main message conveyed during the conference call about Lehman Brothers?

The company would merge with another bank.

Employees should start looking for new jobs.

A buyer would be found and the group would be part of a 'Good bank'.

The company would be liquidated immediately.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How did the speaker feel on Monday morning after the conference call?

Indifferent and unconcerned.

Angry and frustrated.

Shocked but hopeful.

Confident and assured.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was Barclays' initial reaction upon arrival?

They planned to hire more employees.

They decided to close the call center.

They were eager to expand the call center.

They wanted to invest more in the company.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What personal issue does the speaker mention finance professionals often face during restructuring?

Confidence in finding new jobs.

Nervousness and anxiety about job security.

Excitement about new opportunities.

Indifference to company changes.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Reflecting on the past 10 years, how does the speaker describe their feelings about potential unemployment?

It was a chance to explore new careers.

It felt like the end of the world.

It seemed like an opportunity for growth.

It felt like a minor inconvenience.