A Decade Later, Lehman Mess Not Fully Cleaned Up
September 25, 2018 by The Denver Post
Ten years ago, investment bank Lehman Brothers Holdings filed what would become the country’s largest and most complex bankruptcy.
Its default on $613 billion in debt sent shock waves across the global economy, ushered in the worst economic downturn since the Great Depression and disrupted millions of lives. Most people have since moved on, but not Denver attorney Chris Carrington.
Carrington has spent much of his career since 2009 tracking down and deposing hundreds of borrowers who submitted falsified loan applications. More recently, he has been hunting down the mortgage brokers and originators behind those bogus loan applications.