Brian Phillips
👤 PersonAppearances Over Time
Podcast Appearances
Lehman Brothers was the fourth biggest, actually, behind Goldman Sachs, Morgan Stanley, and Merrill Lynch. Lehman Brothers was in operation for more than 150 years before it got obliterated by the subprime mortgage crisis.
Lehman Brothers was the fourth biggest, actually, behind Goldman Sachs, Morgan Stanley, and Merrill Lynch. Lehman Brothers was in operation for more than 150 years before it got obliterated by the subprime mortgage crisis.
And somehow, like, everybody else got bailed out, but Lehman Brothers just got, like, the tsunami just, like, took them down. Like, they're just gone. It was a wrap. Of course, it's worth noting that Lehman Brothers was also substantially to blame for causing the subprime mortgage crisis.
And somehow, like, everybody else got bailed out, but Lehman Brothers just got, like, the tsunami just, like, took them down. Like, they're just gone. It was a wrap. Of course, it's worth noting that Lehman Brothers was also substantially to blame for causing the subprime mortgage crisis.
And somehow, like, everybody else got bailed out, but Lehman Brothers just got, like, the tsunami just, like, took them down. Like, they're just gone. It was a wrap. Of course, it's worth noting that Lehman Brothers was also substantially to blame for causing the subprime mortgage crisis.
When you first told me about this story, I was like, okay, the 2008 financial crash, did he press the wrong button on a keyboard and bring down the world economy?
When you first told me about this story, I was like, okay, the 2008 financial crash, did he press the wrong button on a keyboard and bring down the world economy?
When you first told me about this story, I was like, okay, the 2008 financial crash, did he press the wrong button on a keyboard and bring down the world economy?
When Mero applied for the job at Lehman Brothers, though, it was way before 2008, more like 98, 99. His mom had this friend, and the friend had a son called Jose, and Jose ran the mailroom at Lehman Brothers. And thanks to the family connection, Jose said he'd give Mero a job as long as Mero had the right experience.
When Mero applied for the job at Lehman Brothers, though, it was way before 2008, more like 98, 99. His mom had this friend, and the friend had a son called Jose, and Jose ran the mailroom at Lehman Brothers. And thanks to the family connection, Jose said he'd give Mero a job as long as Mero had the right experience.
When Mero applied for the job at Lehman Brothers, though, it was way before 2008, more like 98, 99. His mom had this friend, and the friend had a son called Jose, and Jose ran the mailroom at Lehman Brothers. And thanks to the family connection, Jose said he'd give Mero a job as long as Mero had the right experience.
Merrow was a teenager at this point. He told Jose he'd been working at FedEx for years.
Merrow was a teenager at this point. He told Jose he'd been working at FedEx for years.
Merrow was a teenager at this point. He told Jose he'd been working at FedEx for years.
You were like a chimney sweep for FedEx.
You were like a chimney sweep for FedEx.
You were like a chimney sweep for FedEx.
The mailroom at Lehman Brothers ran on this thing called the Pitney Bowes machine. I had to look this up. The Pitney Bowes machine was this mail processing device. Looked like a couple of like big printers stacked together.
The mailroom at Lehman Brothers ran on this thing called the Pitney Bowes machine. I had to look this up. The Pitney Bowes machine was this mail processing device. Looked like a couple of like big printers stacked together.
The mailroom at Lehman Brothers ran on this thing called the Pitney Bowes machine. I had to look this up. The Pitney Bowes machine was this mail processing device. Looked like a couple of like big printers stacked together.