4.8 • 1.5K Ratings
🗓️ 23 September 2021
⏱️ 39 minutes
🧾️ Download transcript
Bart McDade leads a corporate coup designed to oust Joe Gregory, reign in Dick Fuld, and rescue Lehman Brothers from the throes of disaster.
To listen to Business Movers ad-free, join Wondery+ in the Wondery App. Click here to download the app: https://wondery.app.link/businessmovers.
Support us by supporting our sponsors!
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Click on a timestamp to play from that location
0:00.0 | Hey, prime members, you can listen to business movers add free on Amazon music, download the app today. |
0:07.0 | To listen to business movers one week early and add free, join Wondry Plus in the Wondry app. |
0:13.0 | Download the Wondry app in your Apple or Google Play mobile app store today. |
0:31.0 | It's 2005 at Lehman headquarters in Manhattan, three years before Lehman's bankruptcy. |
0:38.0 | Bart McDade, the global head of fixed income, strides across the 31st floor. |
0:43.0 | He's a tall man with brown hair, thin rimmed glasses and a friendly smile. |
0:48.0 | But today Bart's nervous. He's just been summoned to the office of Lehman president Joe Gregory. |
0:55.0 | Bart's been hearing rumors that Joe wants to transfer him to another department. |
0:59.0 | If they're true, Bart suspects the move has nothing to do with his performance. |
1:03.0 | He's extremely well liked by the people in the fixed income division. |
1:07.0 | He's earned their trust and their respect, which makes Bart a threat to Joe's authority. |
1:15.0 | Hey there Joe, you wanted to see me? |
1:17.0 | Yeah, have a seat. |
1:19.0 | Bart sits across from Joe at his desk. |
1:23.0 | What can I do for you Joe? |
1:25.0 | Well first off, Bart, on behalf of the entire organization, I just want to thank you for all your hard work and fixed income. |
1:31.0 | You've done a fine job during that ship, but that's it. |
1:35.0 | Joe leans back in his chair. |
1:37.0 | We're going to go in a different direction. |
1:39.0 | Oh, what exactly does a different direction mean? |
1:42.0 | I'm moving you to another department, making you the global head of equities. |
1:47.0 | Equities. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Wondery, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Wondery and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.