SUMMARY: One of the biggest questions of the financial crisis has not been answered until now. What happened at Lehman Brothers and why was it allowed to fail, with aftershocks that rocked the global economy? In this news-making, often astonishing book, a former Lehman Brothers Vice President gives
A colossal failure of common sense: the inside story of the collapse of lehman brothers
✍ Scribed by Lehman Brothers (1993-2008);McDonald, Lawrence G.;Robinson, Patrick
- Publisher
- Crown Business
- Year
- 2009
- Tongue
- English
- Weight
- 276 KB
- Category
- Fiction
- City
- New York, United States.
- ISBN
- 0307588351
No coin nor oath required. For personal study only.
✦ Synopsis
What happened at Lehman Brothers and why was it allowed to fail, with aftershocks that rocked the global economy? In this news-making, often astonishing book, a former Lehman Brothers Vice President gives us the straight answers--right from the belly of the beast--arguing that this collapse need not have happened.;A rocky road to Wall Street -- Scaring Morgan Stanley to death -- Only the Bears smiled -- The man in the ivory tower -- A miracle on the waterway -- The day Delta Air Lines went bust -- The tragedy of General Motors -- The mortgage bonanza blows out -- King Richard Thunders forward -- a 100 million dollar crash for subprime's biggest beast -- Wall Street stunned as Kirk quits -- Fuld, defiant to the end.
✦ Subjects
United States
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### Review “...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 company’s death spiral...” —Michiko Kakutani, *The New York Times* “Highly readable...\_A Colossal Failure of Common Sense\_ largely rings true.
SUMMARY: One of the biggest questions of the financial crisis has not been answered until now. What happened at Lehman Brothers and why was it allowed to fail, with aftershocks that rocked the global economy? In this news-making, often astonishing book, a former Lehman Brothers Vice President gives
### Review “...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 company’s death spiral...” —Michiko Kakutani, *The New York Times* “Highly readable…\_A Colossal Failure of Common Sense\_ largely rings true. It
### Review “...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 company’s death spiral...” —Michiko Kakutani, *The New York Times* “Highly readable…\_A Colossal Failure of Common Sense\_ largely rings true. It
### Review “...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 company’s death spiral...” —Michiko Kakutani, *The New York Times* “Highly readable…\_A Colossal Failure of Common Sense\_ largely rings true. It