See the rest of the trailers here...
In the weeks leading up to the bankruptcy filing, Lehman said they needed $20 billion to survive. When the books were finally revealed, there was a $600 billion hole in the balance sheet. Chalk it up to fraud and fantasy-marking of assets.
Ask Jamie Dimon, he'll tell you all about it.
Lehman creditors received 17 cents not 9 as the trailer shows, and Lehman was a cauldron of fraud that deserved to fail. The initial bankruptcy process was flawed certainly, and demonstrated that Paulson and Bernanke were clueless about the ripple effects, but the decision to let Lehman go was the only thing they got right.
As I wrote in a previous story:
Though he's cognizant of the fraud, director Charles Ferguson also buys into the Kanjorski-Paulson martial law, blood-in-the-streets, 17th-century-you'll-be-milling-your-own-wheat fear mongering, which as we've detailed and proven on multiple occasions was nothing more than highly granulated hyperbole meant to frighten a financially illiterate Congress and media corps into gentle acquiescence to the demands of their Sith Lords.