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“A Colossal Failure of Common Sense: The Inside Story of the Collapse of Lehman Brothers” – A Book by MacDonald/Robinson

Readers are introduced to a host of little-known Lehmanites, many of whom vilify the company’s top management, among others. Lehman “was headed directly for the biggest subprime iceberg ever seen,” but unlike the captain of the RMS Titanic, McDonald writes, CEO Dick Fuld and his No. 2, Joe Gregory, didn’t try to swerve. Words: 560

March 1st, 2010 | Posted in Economy | Read More »

 

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