4min chapter

Business Movers cover image

The Collapse of Lehman Brothers | Lawrence and Larry | 1

Business Movers

CHAPTER

Leman and the Great Depression

In 19 33, during the great depression, president franklin d. Roosevelt signed the glass tegele act. The law was designed to regulate banks and curb the speculation that triggered the great depression. For nearly a decade, business boomed, and leman raked in billions. But not everyone inside leman was blind to this possibility. As far back as two thousand five, a small band of leman insiders saw that there was an iceberg ahead. These traders did everything in their power to steer the company they loved away from danger.

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