Tech & Biz

BBC To Turn The Collapse Of Lehman Brothers Into A Movie

by Yuliya Talmazan | August 19, 2009 at 02:07 pm

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BBC announced it turned the bankruptcy of Lehman Brothers -- one of the biggest Wall Street collapses in history into a movie. The saga surrounding the downfall of Lehman Brothers in 2008 named “The Last Days Of Lehman Brothers” is scheduled to be aired in October. BBC producers are saying that the movie was "inspired by the real events," but is not a documentary. At the center of the movie's plot -- the analysis of the company's management or lack of thereof, and Lehman Brothers CEO's attempt to save the sinking ship.

The film will offer a behind-the-scenes take on chief executive Dick Fuld’s doomed attempts to save the US investment bank over the three days before the company filed for bankruptcy protection in 2008, marking the beginning of the worst economic crisis in living memory.

It will focus on a crisis meeting of Wall Street’s biggest banking institutions, calling by Hank Paulson, the US Treasury Secretary.

Playing two of the biggest roles: James Cromwell, the character actor known for roles in “L.A. Confidential,” “Babe” and “24,” who will play then-Treasury Secretary Henry M. Paulson Jr.; and Corey Johnson, who was in “United 93″ and “The Bourne Ultimatum,” who will portray Lehman chief executive Richard S. Fuld Jr.

It remains to be seen if books and movies in the 'financial upheaval' genre will fly with consumers. It will sure be interesting to see if recession-worn buyers will care to spend money on books and movies with a gloomy take on their financial affairs.

BBC's news release about the movie can be accessed here.