Lehman Brothers

The case focuses on reporting discrepancies and accounting fraud, but what was the underlying reason for the bankruptcy?

Explain the economic conditions that led to this company and others to sell out or go under. How could so many companies act unethically?

Examine the culture of Lehman Brothers and compare to other companies that "cooked the books" and drove unethical behavior. How were they alike or different?

In your opinion, did the government have knowledge of the conditions of the market prior to collapse?

What message did government intervention deliver in the crisis? Did the government have a choice?

Who were the ultimate victims of the crisis?