Being aware of these unscrupulous methods can help you avoid them as best you can. : Bryan P. Marsal, Co-CEO of Alvarez & Marsal and CEO of Lehman Brothers, oversaw the proceedings for the largest bankruptcy in history-the Lehman Brothers bankruptcy filing in September 2008. During a presentation to a group of businesspeople, he was asked to comment about the status of ethics in business. He reportedly said, “there are none.” Marsal's response put a spotlight on the legal yet unsavory behaviors that permeated the financial crisis and led to some big reforms, particularly through the Dodd-Frank Act of 2010.