Lawrence University graduate Anton “Tony” Valukas, the court-appointed examiner in the historic bankruptcy case of Lehman Brothers Holdings Inc., speaks with Steve Kroft on this Sunday’s (4/22) edition of “60 Minutes” about the collapse of the firm that triggered the world financial crisis.
In 2009, Valukas was appointed by a federal judge as the examiner for the Lehman Brothers bankruptcy, the largest bankruptcy in United States history. As examiner, Valukas investigated the causes of the Lehman Brothers bankruptcy. After reviewing 34 million documents and interviewing nearly 300 witnesses, Valukas issued a seven-volume, 2,200-page report detailing potential wrongdoing by certain Lehman executives and Ernst & Young, the auditor.
Valukas, who earned a bachelor’s degree in government from Lawrence in 1965, is chairman of the Chicago-based national law firm Jenner & Block.
Earlier this year, The American Lawyer named Valukas its 2011 “Litigator of the Year,” an honor that recognizes lawyers who have had “extraordinary results for their clients.” In its cover story, the magazine hailed Valukas as one of the “few heroes to emerge from the financial debacle of 2008.” It cited his 2,200-page, seven-volume Examiner’s Report as “a tour de force of truth-telling” and credited him with “untangling what caused a historic collapse that helped set off the broader financial crisis.” Bankruptcy Court Judge James Peck called Valukas’ report “the most outstanding piece of work ever produced by an examiner.”
Valukas will be awarded an honorary Doctor of Laws degree by Lawrence Sunday, June 10 at the college’s 163rd commencement and also serve as the ceremony’s principal speaker.
Lawrence University, "Lawrence Grad Anton Valukas ’65 Discusses Lehman Brothers Bankruptcy on “60 Minutes” Sunday, April 22" (2012). Press Releases. Paper 190.