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.
About Lawrence University
Founded in 1847, Lawrence University uniquely integrates a college of liberal arts and sciences with a world-class conservatory of music, both devoted exclusively to undergraduate education. Ranked among America’s best colleges by Forbes, it was selected for inclusion in the book “Colleges That Change Lives: 40 Schools That Will Change the Way You Think About College.” Individualized learning, the development of multiple interests and community engagement are central to the Lawrence experience. Lawrence draws its 1,445 students from 44 states and 35 countries. Follow us on Facebook.