# Professor Brad Hintz explains why he believes the Federal Reserve should have saved Lehman Brothers at the beginning of the financial crisis

1 Faculty News September 13, 2018 ![Bloomberg logo](/sites/default/files/styles/246w/public/assets/images/bloomberg192x144.jpg?itok=yV529lwz)>

Excerpt from [Bloomberg](https://www.bloomberg.com/news/videos/2018-09-13/fed-should-have-saved-lehman-former-cfo-hintz-says-video) -- (4:05) "They didn't have to save the Lehman equity holders, but they needed to make it less of a crisis because if I don't know whether you had Lehman exposure, am I going to lend you money? No. And it was that uncertainty that caused everybody to pull in. They pulled in their financing and it led to the crisis."

[Watch the video](https://www.bloomberg.com/news/videos/2018-09-13/fed-should-have-saved-lehman-former-cfo-hintz-says-video)