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A Colossal Failure of Common Sense: The Inside Story of the Collapse of Lehman Brothers
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A Colossal Failure of Common Sense http://www.fishpond.com.au/Books/Colossal-Failure-of-Common-Sense-Lawrence-G-McDonald-Patrick-Robinson/9780307588340?cf=3

The Inside Story of the Collapse of Lehman Brothers

By Lawrence G. McDonald, Patrick Robinson

RRP $29.99 $12.91   Save $17.08 (57%) Free shipping Australia wide
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Format:Paperback / softback, 351 pages
Published In: United States, 01 October 2010
McDonald, a former vice president at Lehman Brothers, offers an intimate look inside the mad house that Lehman became, and shows beyond a doubt that Lehman's top executives were totally out to lunch, allowing Lehman's risk profile to reach gargantuan proportions.

Reviews

."..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 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 told...from an insider [who] witnessed, often in amazement and disgust, the corporate dysfunction and hubristic leadership that led to [Lehman's] demise."
" --BusinessWeek"

."..engaging and even funny."
" --Fortune
"


"From the Hardcover edition."

Publisher: Crown Business
ISBN:0307588343
EAN:9780307588340
Dimensions: 20.17 x 13.46 x 2.08 centimeters (0.28 kg)
Age Range: 15+ years
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