A Colossal Failure of Common Sense by Larry Mcdonald

A Colossal Failure of Common Sense by Larry Mcdonald

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Summary

A news-breaking explanation that answers the question everyone still asks: "why did it happen?" Larry McDonald, a former vice-president at Lehman Brothers in charge of distressed debt trading and convertible securities, was right at the centre of the meltdown of the company and gives an intimate look at the madhouse that Lehman became.

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A Colossal Failure of Common Sense by Larry Mcdonald

When Lehman Brothers bank went under, the world gasped. This book shows beyond a doubt that Richard Fuld, the long-time CEO of Lehman, and his top executives, were totally out to lunch, allowing Lehman's risk profile to reach gargantuan proportions.
Lawrence GMcDonald was, until 2008, Vice President of convertible securities and distressed debt trading at Lehman Brothers; his prior career included convertible securities research and sales at Morgan Stanley and the co-founding of Convertbond.com, named by Forbes Magazine as "Best of the Web." Patrick Robinson is the co-author of LONE SURVIVOR and author of many tech-thrillers.

Lawrence G. McDonald was, until 2008, Vice President of convertible securities and distressed debt trading at Lehman Brothers; his prior career included convertible securities research and sales at Morgan Stanley and the co-founding of Convertbond.com, named by Forbes Magazine as "Best of the Web."

Patrick Robinson is the co-author of LONE SURVIVOR and author of many tech-thrillers.

SKU Unavailable
ISBN 13 9780091936150
ISBN 10 0091936152
Title A Colossal Failure of Common Sense
Author Larry Mcdonald
Condition Unavailable
Binding Type Paperback
Publisher Ebury Publishing
Year published 2009-09-03
Number of pages 368
Cover note Book picture is for illustrative purposes only, actual binding, cover or edition may vary.