What Was the Culture at Lehman Brothers Like

RUNNING HEAD:  DISCUSSION QUESTIONS

                                                   Week Six Learning Team Reflection

                                                                  Discussion Questions

                                                              MGT/521- Management

                                                                   Learning Team B

                            Orlando Merritt, Carla Skanes, James Thomas, Takiyah Wasserman

                                                               and Alyce Williams

                                                         Instructor, Stephanie Edens

                                                                 August 25, 2014

DISCUSSION QUESTIONS

2.  What was the culture at Lehman Brothers like?  

  How did this culture contribute to the company’s downfall?

3.  What role did Lehman’s executives play in the company’s collapse?  The role that Lehman’s executives played in the company’s collapse was that they constantly exceeded its own inner risk limits, control, as well as a number of bad calls by the management in which led to the collapse of his or her bank.  Many people held the Lehman executives responsible for exacerbating the company’s issues in which resulted into his or her economic fallout with the creditors as well as his or her investors.  Some thought that hunger and crooks played a major role, while others

DISCUSION QUESTIONS

thought that Lehman executive’s major issues were its ethnicity and reward arrangement.  Lehman executives and employees took plenty of risk because his or her employees was explicitly lauded and rewarded generously.  A lot of Lehman executive employees made some doubtful deals in which were hailed and treated as victorious champions and any individual that questioned a decision was disregarded or just basically ruled against and the last problem

was that many people thought that problems was with the company’s top management in which he and she  thought that the leaders  could and should have been able to do more.  We feel as though that the Lehman’s brothers did not act morally because his and her executive took too many risks and were rewarded when there was a great ending and his and her executives made bad choices, wrote deceptive reports, as well as manipulated them.  The Lehman brothers was very irresponsible because when they saw an asset on a account that he or she did not like, he or she will write it off instead of selling them which caused a loss for the company.  The Lehman brothers were doing things within the company that was considered to be inappropriate, so many lost confidence in the market.