Fed Should Have Saved Lehman, Former CFO Hintz Says

The video discusses Lehman Brothers' role in the mortgage market and its financial strategies leading up to the 2008 crisis. It highlights Lehman's reliance on leverage and short-term funding, and its risky bet during the crisis. The collapse of Lehman had significant impacts on employees and the financial markets. The video also analyzes the Federal Reserve's decision not to save Lehman and the resulting market uncertainty.

What were the reactions of clients during the conference call after Lehman's bankruptcy?

According to Professor Ball, what was the argument regarding the Fed's power to save Lehman?