Rise and Fall of Lehman Brothers | FD Finance Watch ‘Rise and Fall of Nintendo' here: https://youtu.be/Zadzdp7ty4M In …
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Rise and Fall of Lehman Brothers | FD Finance Watch ‘Rise and Fall of Nintendo' here: https://youtu.be/Zadzdp7ty4M In …
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28 comments
I remind you that nobody was thrown into prison beside Bernie Madoff, who scammed the rich. People who scammed average folk were not punished at all.
"The criminals on Wall St." that's the take away conclusion, Fraud is the American business model.
Just the small part in a bigger scheme. I still love you the brothers 😂
Una cadena ⛓️ de naipes caídos. Y NADIE 😶🌫️ se hizo cargo del DESASTRE 💣💥
Building snowmen at dow jones
Privatise gains and socialise the losses. If you fail and you are big enough you basically get rewarded for risk taking & undermining the whole economy.
In the wise words of Livia Soprano: "It's a racket of the Jew!" You fools all got jewed HARD.
The 2 person to blame for the gfc are Alan Greenspan and that rich dad poor dad guy who advocate buying multiple properties
At 7 PM? 8,000 Dollar?
This is exactly why I equate the terms "Investor and Investing" to correctly mean as "Gamble and Gambling".
This all well and good. And Lehman Brothers was the fuse lighting point. But still, I want to know what bank paid the lobbyist to persuade Barney Frank and Christopher Dodd to pass the legislation that created this whole disaster! And why on earth were Barney Frank and Christopher Dodd put in charge of investigating themselves!
UR Anti-Semitic. Fuld is a JEW
Thats why bitcoin is safe and sound than any banks
The only way to have a true crisis is win. The average person becomes greedy and invest money into things. They don’t know what they’re doing. That’s the first warning sign of a crash.
Mr Toung you call him was an idiot. Why would you sign a contract? It’s in a different language You can’t read. It’s because of his own personal greed to make more money.
So you’re making a documentary about how poor Singapore Investor their money on wisely, and did not read the contracts. Blame there banks don’t blame American Banks.
It was Washington mutual what was the first victim of the storm. This documentary can’t even tell the truth. And really before that I think Long Beach got hit. Bear Stearns was towards the very end. And then Lehman brothers went down, and in the crisis went everywhere. The problem didn’t start with the problem has been existing for I think almost a year
Did they employ many Indians
One of the biggest banks involved with HSBC. That’s not an American Bank. It’s funny they don’t wanna blame themselves.
See it wasn’t the Wall Street Banks, that caused a problem. It was the greed of the investors.
Are used to underwrite Cdo’s and the mortgage is themselves when the institutions would buy them. I am very proud of the role that I played in making millions And making billions for the huge investment houses the mortgage back securities might’ve been the greatest thing Wall Street ever came up with People love to blame Wall Street, but what they don’t understand it was. It was our hand on the scale, giving you the ability to live the life that you wanted without making enough money to live that life. You welcome.
South African chartered accountants ie anyone with the letters CA(SA) after their name are held in high regard internationally because of how rigorous our qualification process is. Firstly, you can only study at a university approved by the professional body (SAICA, who confer the CA(SA) designation) because they provide oversight over the universities' curricula during your 3 year undergraduate program and 1 year post graduate program. Furthermore, there are minimum pass marks to be met in order to progress to the next year (eg a minimum pass of 55% in the accounting module and a minimum aggregate of 60%). In your post graduate year, you are required to pass all your modules in a single sitting (you are only allowed a supplementary exam in one module) to qualify for the first qualifying exam set by SAICA. This is written as soon as you leave university. You then start a 3 year period of in service training (which must be successfully completed to qualify as a chartered accountant). 18 months into this period you write your second qualifying exam, also set by SAICA. If you meet all these qualifications, you get those 4 letters behind your name from SAICA. If you pass everything in your first sitting, this takes a minimum of 7 years. Most people (I knew a lot of them) washed out of the CA program in their second year of university. The scary thing is, some of them became investment bankers. Make of that what you will.
WHEN BANKS MAKE LOTS OF MONEY. ITS A WARNING SIGN THAT THINGS ARE RIGHT.
Everyone is screaming market crash and it's getting me worried. How can I protect my investment portfolio of around 800K. I don't want to get burnt out.
Too many ads, didn't watch.
Deberia ser un delito ser un especulador, han llevado a la ruina a millones de personas en el mundo mientras el responsable sonrie sin recibir castigo!!!!!
I have had a few tickles they can't get any satisfaction cos they loose feelings with numbing agents it turns them into the dark side they hide cos with out there sugar rhey are not able or caine
Nest eggs