A Colossal Failure of Common Sense: The Inside Story of the Collapse of Lehman Brothers
Format: kindle
ASIN: B009I9R8TK
Publish date: October 12th 2010
Publisher: Crown Business
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...