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ᚋ A Colossal Failure of Common Sense: The Inside Story of the Collapse of Lehman Brothers library ⢚ By Lawrence G McDonald ⣢

ᚋ A Colossal Failure of Common Sense: The Inside Story of the Collapse of Lehman Brothers library ⢚ By Lawrence G McDonald ⣢ ᚋ A Colossal Failure of Common Sense: The Inside Story of the Collapse of Lehman Brothers library ⢚ By Lawrence G McDonald ⣢ gives the readers a visceral sense of what it was like to work at Lehman Brothers and the fateful decisions and events that led to the companys death spiral Michiko Kakutani, The New York Times Highly readable A Colossal Failure of Common Senselargely rings true It expresses the anger that many former Lehman employees still feel toward Mr Fuld And it convincingly characterizes the investment bank as a house divided against itself, between the bears who had foreseen bubbles and the bulls who wrongly believed that this time was different The Economist describes a CEO acting as if his firm was too big to fail Wall Street Journal poignantly toldfrom an insider who witnessed, often in amazement and disgust, the corporate dysfunction and hubristic leadership that led to Lehmans demise BusinessWeek engaging and even funny Fortune From the Hardcover edition.LAWRENCE G McDONALD is a managing director of Pangea Capital Management LP He was, until 2008, vice president of distressed debt and convertible securities trading at Lehman Brothers He ran an extremely successful joint venture between the firms fixed income and equity divisions and was one of Lehmans most consistently profitable traders McDonald is also cofounder of Convertbond.com, named by Forbes magazine as Best of the Web from 2000 to 2003, specifically citing it as the Webs premier source for convertible securities information, valuation, and news.PATRICK ROBINSON wrote Lone Survivor with the U.S Navy SEAL Marcus Luttrell From the Hardcover edition. 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    • A Colossal Failure of Common Sense: The Inside Story of the Collapse of Lehman Brothers
    • 4.3
    • 543
    • Hardcover
    • 370 pages
    • B002HHPVHQ
    • Lawrence G McDonald
    • English
    • 17 September 2016

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