What role did Lehman’s executives play in the company’s collapse?

Read Case Application 1, “Lessons from Lehman Brothers: Will We Ever Learn?” at the end of Ch. 5 of Management.

Discuss the scenario with your team.

Discuss the second, third, and fifth discussion questions at the end of the case with your team.

 
Answer each question based on your team’s discussion in no more than 350 words per question.
 
note only answer question number 3
 

  1. What role did Lehman’s executives play in the company’s collapse? Were they being responsible and ethical? Discuss.