A Colossal Failure of Common Sense: The Incredible Inside Story of the Collapse of Lehman Brothers
Format: ebook
ISBN:
9781407030678 (1407030671)
Publish date: November 24th 2009
Publisher: Ebury Digital
Pages no: 368
Edition language: English
Lawrence MacDonald, a former VP at Lehman Brothers, recounts his rise within the broker profession and the precipitous fall of Lehman brothers which he blames almost entirely on just eight people, including Richard Fuld. They were the ones promoting over-leverage and investment in risky investments...