A Colossal Failure of Common Sense - Larry McDonald, Lawrence G. McDonald, Patrick Robinson
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Condition
Secondhand
Location
South Africa
Product code
371-420 BOX2
Bob Shop ID
613035841
When Lehman Brothers bank went under, the world gasped. One of the world's biggest and most successful banks, its downfall was the event that sparked the slide of the world economy toward a Great Depression II.This is the gripping inside story of the dark characters who ruled Lehman, who refused to heed warnings that the company was headed for an iceberg- the world-class, mid-level people who valiantly fought to get Lehman off its disastrous course; the crash that didn't have to happen. 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 center of the meltdown of the company and gives an intimate look at the mad house that Lehman became. 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.While the traders, like Larry McDonald, clearly predicated more than two years in advance that the market for packaged subprime mortgages and credit default swaps would evaporate, the high-flying Lehman bosses pushed hard on the gas pedal until the very end. A Colossal Failure of Common Sense, The Incredible Inside Story of the Collapse of Lehman Brothers - Larry McDonald, Lawrence G. McDonald, Patrick Robinson. Ebury Press 2009. ISBN 9780091936150
Books are shipped within one business day of checkout. If you select EFT as payment method, it may take somewhat longer for payment to reflect on our side before we are able to dispatch.
We offer Pargo Pickup (3-5 business days), local collection in Somerset West or Aramex door-to-door courier (1-2 business days). Shipping options can be selected at checkout.
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Title: A Colossal Failure of Common Sense
Sub Title: The Incredible Inside Story of the Collapse of Lehman Brothers
Author: Larry McDonald, Lawrence G. McDonald, Patrick Robinson
Publisher: Ebury Press
Year: 2009
Number of pages: 351
ISBN: 9780091936150
Books are all in a used condition unless otherwise stated and may contain signs of wear and handling. Items are inspected before listing to ensure they are in an acceptable condition. Please ask questions if you need more details on an item's condition.Books are shipped within one business day of checkout. If you select EFT as payment method, it may take somewhat longer for payment to reflect on our side before we are able to dispatch.
We offer Pargo Pickup (3-5 business days), local collection in Somerset West or Aramex door-to-door courier (1-2 business days). Shipping options can be selected at checkout.
We recommend Aramex courier as a fast no-contact delivery method available to all destinations within South Africa. Tracking number will be supplied once your shipment has been been processed.
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