Lehman Brothers: Life Before the Crash

The video explores the rise and fall of global businesses, focusing on Wall Street in the early 2000s. It highlights the extravagant lifestyles of bankers, the aggressive expansion of investment banks like Lehman Brothers, and the role of securitization in the housing market boom. The video also examines the global impact of US banking products on Asian markets and the eventual collapse of the mortgage market, leading to a financial crisis.

What were some of the risks taken by global businesses during the financial boom?

How did the culture at Lehman Brothers contribute to its success in the 2000s?

How did the perception of risk change among bankers during the financial boom?

What factors contributed to the aggressive growth in the mortgage industry?

What role did securitization play in the mortgage industry?

What lessons can be learned from the mistakes made by banks during this period?

In what ways did the financial practices of the early 2000s lead to the eventual crisis?

What were the consequences of banks extending loans to sub-prime borrowers?

What were the signs that indicated a looming danger in the financial system by 2006?

Discuss the impact of the housing market on the overall economy during the early 2000s.