Send us a textWhen Warren Buffet was approached by Lehman Brothers just before they had gone under during the great financial crisis, he looked at the financial reports and said, "wow, this is bad." With plummeting stocks and too many subprime loan mortgages, Warren knew that it was the end of Lehman. In today's episode, we're going to look into the entire fallout of Lehman and I have a clip from the movie "The Big Short" when chaos was erupting in Morgan Stanley. Let's dive in!TOEFL iBT Writing Course: https://arsenioseslpodcast.podia.com/toefl-ibt-pre-writing-courseTOEFL iTP Bundle (Reading, Structure, Written Expression):Try my TOEFL membership: https://arsenioseslpodcast.podia.com/toefl-ibt/buyPodia TOEFL Memberships: https://arsenioseslpodcast.podia.com/toefl-ibtPodia TOEFL iTP Course (Reading presale): https://arsenioseslpodcast.podia.com/toefl-itp-reading/buyPodia TOEFL iTP Course (Structure): https://arsenioseslpodcast.podia.com/toefl-itp-structure/buyPodia TOEFL iTP Course (Written Expression): https://arsenioseslpodcast.podia.com/toefl-itp-written-expressionPodia TOEFL iTP Course (Listening): https://arsenioseslpodcast.podia.com/toefl-itp-listeningInstagram ESL Podcast: https://www.instagram.com/arsenioseslpodcast/Podcast on Spotify: https://open.spotify.com/show/7hdzplWx6xB8mhwDJYiP6fFacebook: https://www.facebook.com/Arseniobuck/?ref=bookmarksYoutube: https://www.youtube.com/channel/UCIzp4EdbJVMhhSnq_0u4ntALinkedin: https://www.linkedin.com/in/arsenio-buck-9692a6119/Instagram: https://www.instagram.com/thearseniobuckshow/?hl=enBuzz sprout: https://www.buzzsprout.com/165390Support the showEarly Access Membership (for avid listeners and those who want all my podcasts early!) $10/month or $100 a year WhatsApp: +66 (Thailand) 06 3359 0002Emails: [email protected] Instagram: https://www.instagram.com/thearsenioseslpodcast/Second Instagram: https://www.instagram.com/arsenioseslpodcastt/ Youtube: https://www.youtube.com/channel/UCIzp4EdbJVMhhSnq_0u4ntA

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“What did the council decide on item 42?” — answered with the speaker and the moment.

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