ifinished my studies in france and i moved for a job at lehman bros.a big investment bank, so i finish my studies, pack my bags and moved to london to work for lehman bros as a full—time analyst working in the private equity team. i was looking at businesses, analysing them and seeing if we should invest or not in this type of companies. at what point did you become acutely aware that things were not good?|j point did you become acutely aware that things were not good? i think as everyone we were reading the news, it is not that as a junior employee you had more information than other people, and then of course the last weekend when lehman bros was not rescued, that is when we realise this is actually happening. at that point stephen, i think it is fair to say you were in the engine room at something for the london clearing house, is that right? right. tell us what the function of that was because it was absolutely crucial and highly secure asa absolutely crucial and highly secure as a mechanism, what was your function? i was one of the risk managers t

and we fairly say that every employee at lehman bros knew who the c.e.o. was and that you know he was a very passionate you know leader about the farmer and about its franchise about its team. began his colorful career at lehman brothers in one thousand nine hundred sixty nine on its trading floor but the feisty character quickly rose through the ranks and became the firm's chief executive in one nine hundred ninety three. by two thousand and five he was taking home more than thirty four million u.s. dollars in pay and bonuses. this man lived and breathed lehman brothers. most ninety five percent of his wealth was in lehman stock sure people have faith in his leadership whatever he was doing for the firm for the shareholders of the from had a very direct impact on his own personal felpham future he had a lot of vested interest in making sure the women bottoms did well. in the end as part of this folks look to the east to further his moneymaking aspirations in two thousand and seven asia was lehman's highest growth region it took in more than three point on