Warren Buffett e a saga do Salomon Brothers | EP. 47

The day Warren Buffett had to save one of Wall Street's most powerful banks. In this episode of Conversations with the Curious, we tell the story of the Salomon Brothers crisis in the early 1990s and how Warren Buffett ended up temporarily taking over the bank after one of the biggest financial scandals of the time. The plot involves manipulation in the US Treasury bond market, the aggressive culture of Wall Street in the 80s, million-dollar bonuses, legendary traders, the environment that inspired films like Wall Street, and characters who would later be involved in the collapse of LTCM. In addition, we explore the behind-the-scenes of Buffett's relationship with Salomon Brothers, the risk he took by putting his reputation on the line, and why this episode became one of the most delicate moments in the career of the greatest investor in history. Like! 👍 Subscribe! 📩 Turn on notifications! 🔔 Curious Newsletter: 👉 https://curiosomercado.substack.com/ Social Media: Instagram:   / curioso.mercado   TikTok:   / curiosomercado   Twitter:   / curiosomercado   Curious Store: https://www.reserva.ink/curiosomercado Business Contact 👉 [email protected] 00:00 Introduction 01:37 The day Warren Buffett became CEO of Wall Street 04:41 How Buffett joined Salomon Brothers 08:13 The “King of Wall Street” and the corporate raiders 13:57 The insane culture of Salomon Brothers in the 80s 18:47 The illegal scheme in the public bond market 23:26 The fraud is discovered by the top brass of Bank 28:17 The scandal explodes in the New York Times 32:22 The reputational crisis of Wall Street 39:16 The risk of Salomon Brothers' collapse 44:53 Warren Buffett's historic speech 49:47 The legacy of the case and the birth of LTCM