Author: Laurence M. Ball
Publisher: Cambridge University Press
ISBN: 1108420966
Category : Business & Economics
Languages : en
Pages : 297
Book Description
This book sets the record straight on why the Federal Reserve failed to rescue Lehman Brothers during the financial crisis.
The Fed and Lehman Brothers
Author: Laurence M. Ball
Publisher: Cambridge University Press
ISBN: 1108420966
Category : Business & Economics
Languages : en
Pages : 297
Book Description
This book sets the record straight on why the Federal Reserve failed to rescue Lehman Brothers during the financial crisis.
Publisher: Cambridge University Press
ISBN: 1108420966
Category : Business & Economics
Languages : en
Pages : 297
Book Description
This book sets the record straight on why the Federal Reserve failed to rescue Lehman Brothers during the financial crisis.
Lehman Brothers
Author: Oonagh McDonald
Publisher: Manchester University Press
ISBN: 1526100509
Category : Business & Economics
Languages : en
Pages : 358
Book Description
This electronic version has been made available under a Creative Commons (BY-NC) open access license. Using extensive documentary evidence and interviews with former Lehman employees, Oonagh McDonald reveals the decisions that led to Lehman’s collapse, investigates why the government refused a bail-out and whether the implications of this refusal were fully understood. In clear and accessible language she demonstrates both the short and long term effects of Lehman’s collapse.
Publisher: Manchester University Press
ISBN: 1526100509
Category : Business & Economics
Languages : en
Pages : 358
Book Description
This electronic version has been made available under a Creative Commons (BY-NC) open access license. Using extensive documentary evidence and interviews with former Lehman employees, Oonagh McDonald reveals the decisions that led to Lehman’s collapse, investigates why the government refused a bail-out and whether the implications of this refusal were fully understood. In clear and accessible language she demonstrates both the short and long term effects of Lehman’s collapse.
Uncontrolled Risk: Lessons of Lehman Brothers and How Systemic Risk Can Still Bring Down the World Financial System
Author: Mark Williams
Publisher: McGraw Hill Professional
ISBN: 0071749047
Category : Business & Economics
Languages : en
Pages : 257
Book Description
Why was Lehman ignored when everyone else was bailed out? A risk advisor for top financial institutions and top B-school professor, Mark Williams explains how uncontrolled risk toppled a 158-year-old institution, using this story as a microcosm to illuminate the interconnection of the global financial system, as well as broader policy implications. This story is told through the eyes of an experienced risk manager and educator in a detailed and engaging way and provides the reader with a complete summary of how a savvy company with sophisticated employees and systems could have gotten it so wrong.
Publisher: McGraw Hill Professional
ISBN: 0071749047
Category : Business & Economics
Languages : en
Pages : 257
Book Description
Why was Lehman ignored when everyone else was bailed out? A risk advisor for top financial institutions and top B-school professor, Mark Williams explains how uncontrolled risk toppled a 158-year-old institution, using this story as a microcosm to illuminate the interconnection of the global financial system, as well as broader policy implications. This story is told through the eyes of an experienced risk manager and educator in a detailed and engaging way and provides the reader with a complete summary of how a savvy company with sophisticated employees and systems could have gotten it so wrong.
The Lehman Trilogy
Author: Stefano Massini
Publisher: HarperCollins
ISBN: 0062940473
Category : Fiction
Languages : en
Pages : 958
Book Description
Basis for the 2022 'Tony Award Best Play' winner Magnificent in scope, internationally lauded, and transcendent, the novel in verse that inspired the sensational West End and Broadway play of the same name. The Lehman Trilogy follows the epic rise and fall of three generations of that infamous family and through them tells the story of American ambition and hubris. After leaving his native Bavaria, Henry Lehman arrives in America determined to make a better life. Sensing opportunity in the Deep South, he opens a textile shop in Alabama, laying the foundation for a dynasty that will come to dominate and define modern capitalism. Emanuel and his brother Mayer begin investing in anything and everything that will turn a profit, from cotton to coal to railroads to oil to airplanes—even at the expense of the very nation that forged them. Spanning three generations and 150 years, The Lehman Trilogy is a moving epic that dares to tell the story of modern capitalism through the saga of the Lehman brothers and their descendants. Surprising and exciting, brilliant and inventive, Stefano Massini’s masterpiece—like Hamilton—is a story of immigration, ambition, and success; it is the story of America itself from a daring and original perspective. Translated from the Italian by Richard Dixon
Publisher: HarperCollins
ISBN: 0062940473
Category : Fiction
Languages : en
Pages : 958
Book Description
Basis for the 2022 'Tony Award Best Play' winner Magnificent in scope, internationally lauded, and transcendent, the novel in verse that inspired the sensational West End and Broadway play of the same name. The Lehman Trilogy follows the epic rise and fall of three generations of that infamous family and through them tells the story of American ambition and hubris. After leaving his native Bavaria, Henry Lehman arrives in America determined to make a better life. Sensing opportunity in the Deep South, he opens a textile shop in Alabama, laying the foundation for a dynasty that will come to dominate and define modern capitalism. Emanuel and his brother Mayer begin investing in anything and everything that will turn a profit, from cotton to coal to railroads to oil to airplanes—even at the expense of the very nation that forged them. Spanning three generations and 150 years, The Lehman Trilogy is a moving epic that dares to tell the story of modern capitalism through the saga of the Lehman brothers and their descendants. Surprising and exciting, brilliant and inventive, Stefano Massini’s masterpiece—like Hamilton—is a story of immigration, ambition, and success; it is the story of America itself from a daring and original perspective. Translated from the Italian by Richard Dixon
A Colossal Failure of Common Sense
Author: Lawrence G. McDonald
Publisher: Crown Currency
ISBN: 0307588351
Category : Business & Economics
Languages : en
Pages : 370
Book Description
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 us the straight answers—right from the belly of the beast. In A Colossal Failure of Common Sense, Larry McDonald, a Wall Street insider, reveals, the culture and unspoken rules of the game like no book has ever done. The book is couched in the very human story of Larry McDonald’s Horatio Alger-like rise from a Massachusetts “gateway to nowhere” housing project to the New York headquarters of Lehman Brothers, home of one of the world’s toughest trading floors. We get a close-up view of the participants in the Lehman collapse, especially those who saw it coming with a helpless, angry certainty. We meet the Brahmins at the top, whose reckless, pedal-to-the-floor addiction to growth finally demolished the nation’ s oldest investment bank. The Wall Street we encounter here is a ruthless place, where brilliance, arrogance, ambition, greed, capacity for relentless toil, and other human traits combine in a potent mix that sometimes fuels prosperity but occasionally destroys it. The full significance of the dissolution of Lehman Brothers remains to be measured. But this much is certain: it was a devastating blow to America’s—and the world’s—financial system. And it need not have happened. This is the story of why it did.
Publisher: Crown Currency
ISBN: 0307588351
Category : Business & Economics
Languages : en
Pages : 370
Book Description
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 us the straight answers—right from the belly of the beast. In A Colossal Failure of Common Sense, Larry McDonald, a Wall Street insider, reveals, the culture and unspoken rules of the game like no book has ever done. The book is couched in the very human story of Larry McDonald’s Horatio Alger-like rise from a Massachusetts “gateway to nowhere” housing project to the New York headquarters of Lehman Brothers, home of one of the world’s toughest trading floors. We get a close-up view of the participants in the Lehman collapse, especially those who saw it coming with a helpless, angry certainty. We meet the Brahmins at the top, whose reckless, pedal-to-the-floor addiction to growth finally demolished the nation’ s oldest investment bank. The Wall Street we encounter here is a ruthless place, where brilliance, arrogance, ambition, greed, capacity for relentless toil, and other human traits combine in a potent mix that sometimes fuels prosperity but occasionally destroys it. The full significance of the dissolution of Lehman Brothers remains to be measured. But this much is certain: it was a devastating blow to America’s—and the world’s—financial system. And it need not have happened. This is the story of why it did.
The Murder of Lehman Brothers
Author: Joseph Tibman
Publisher: Joseph Tibman
ISBN: 188328371X
Category : Business & Economics
Languages : en
Pages : 12
Book Description
For the first time, Joe Tibman pulls back the kimono to share intriguing information and detail about Lehman Brothers and the economic meltdown that has never before been revealed:
Publisher: Joseph Tibman
ISBN: 188328371X
Category : Business & Economics
Languages : en
Pages : 12
Book Description
For the first time, Joe Tibman pulls back the kimono to share intriguing information and detail about Lehman Brothers and the economic meltdown that has never before been revealed:
Street Freak
Author: Jared Dillian
Publisher: Simon and Schuster
ISBN: 1439181276
Category : Biography & Autobiography
Languages : en
Pages : 368
Book Description
Erroneously states "1st Touchstone hardcover edition" in paperback copy.
Publisher: Simon and Schuster
ISBN: 1439181276
Category : Biography & Autobiography
Languages : en
Pages : 368
Book Description
Erroneously states "1st Touchstone hardcover edition" in paperback copy.
Greed and Glory on Wall Street
Author: Ken Auletta
Publisher: Open Road Media
ISBN: 1504018605
Category : Business & Economics
Languages : en
Pages : 314
Book Description
The inside account of a financial meltdown that reshaped Wall Street In 1983, Lew Glucksman, then co-CEO of the heralded investment bank Lehman Brothers, demanded the resignation of chairman Pete Peterson, with whom he had long argued over how to manage the company. Shockingly, Peterson, who had taken charge a decade earlier and led Lehman from near collapse to record profits, agreed to step down. In this meticulously researched volume, Ken Auletta details the turmoil, infighting, and power struggles that brought about Peterson’s departure and the eventual sale of one of Wall Street’s oldest and most prestigious firms. Set against the backdrop of the 1980s stock exchange, where hotshot young traders made and lost millions in a single afternoon, the story of Lehman’s fall is a suspenseful battle of wills between bankers, traders, and executives motivated by greed, envy, and ego. Auletta, who conducted hundreds of hours of interviews and was granted access to private company records, has crafted a thorough, enduring, and engaging account of pivotal events that continued to influence this storied financial institution until its ultimate demise in 2008.
Publisher: Open Road Media
ISBN: 1504018605
Category : Business & Economics
Languages : en
Pages : 314
Book Description
The inside account of a financial meltdown that reshaped Wall Street In 1983, Lew Glucksman, then co-CEO of the heralded investment bank Lehman Brothers, demanded the resignation of chairman Pete Peterson, with whom he had long argued over how to manage the company. Shockingly, Peterson, who had taken charge a decade earlier and led Lehman from near collapse to record profits, agreed to step down. In this meticulously researched volume, Ken Auletta details the turmoil, infighting, and power struggles that brought about Peterson’s departure and the eventual sale of one of Wall Street’s oldest and most prestigious firms. Set against the backdrop of the 1980s stock exchange, where hotshot young traders made and lost millions in a single afternoon, the story of Lehman’s fall is a suspenseful battle of wills between bankers, traders, and executives motivated by greed, envy, and ego. Auletta, who conducted hundreds of hours of interviews and was granted access to private company records, has crafted a thorough, enduring, and engaging account of pivotal events that continued to influence this storied financial institution until its ultimate demise in 2008.
A Nose for Trouble
Author: Michael Ainslie
Publisher: Greenleaf Book Group
ISBN: 1626346720
Category : Biography & Autobiography
Languages : en
Pages : 303
Book Description
This is the remarkable memoir of Michael Ainslie, a man who has always embraced the adventures and misadventures of business and life. In A Nose for Trouble,he describes his personal experience with several high profile events, including the 2008 bankruptcy filing of Lehman Brothers: He was one of ten people in the Lehman boardroom on the evening of September 14, 2008 who saw firsthand the events that led to the largest bankruptcy filing in US history. And he offers readers an insider’s view of the situations surrounding the price-fixing scandal between Sotheby’s and Christie’s, a scandal that rocked the art world and sent the ex-chair of Sotheby’s to prison. Ainslie also shares about his early beginnings in life; his career as president, CEO, and board member across numerous companies and institutions; and his work to transform kids’ lives through the Posse Foundation. Whether he’s being carried out of his high school graduation on a stretcher, escaping a riot in Vietnam, facing death threats in NYC, battling a worldwide oil embargo, meeting with First Lady Nancy Reagan on the day her husband was shot, or revamping the USTA, Ainslie’s memoir shows that sometimes, the greatest lessons in life are a direct result of the adversities we face. A Nose for Trouble is about accepting a challenge, redefining misfortune, and rising above. In this fascinating life story of leadership and change, Michael Ainslie teaches readers that the best parts of ourselves often come out of our hardest moments.
Publisher: Greenleaf Book Group
ISBN: 1626346720
Category : Biography & Autobiography
Languages : en
Pages : 303
Book Description
This is the remarkable memoir of Michael Ainslie, a man who has always embraced the adventures and misadventures of business and life. In A Nose for Trouble,he describes his personal experience with several high profile events, including the 2008 bankruptcy filing of Lehman Brothers: He was one of ten people in the Lehman boardroom on the evening of September 14, 2008 who saw firsthand the events that led to the largest bankruptcy filing in US history. And he offers readers an insider’s view of the situations surrounding the price-fixing scandal between Sotheby’s and Christie’s, a scandal that rocked the art world and sent the ex-chair of Sotheby’s to prison. Ainslie also shares about his early beginnings in life; his career as president, CEO, and board member across numerous companies and institutions; and his work to transform kids’ lives through the Posse Foundation. Whether he’s being carried out of his high school graduation on a stretcher, escaping a riot in Vietnam, facing death threats in NYC, battling a worldwide oil embargo, meeting with First Lady Nancy Reagan on the day her husband was shot, or revamping the USTA, Ainslie’s memoir shows that sometimes, the greatest lessons in life are a direct result of the adversities we face. A Nose for Trouble is about accepting a challenge, redefining misfortune, and rising above. In this fascinating life story of leadership and change, Michael Ainslie teaches readers that the best parts of ourselves often come out of our hardest moments.
The Last of the Imperious Rich
Author: Peter Chapman
Publisher: Penguin
ISBN: 1101442700
Category : Business & Economics
Languages : en
Pages : 346
Book Description
On September 11, 1844, Henry Lehman arrived in New York City on a boat from Germany. Soon after, he moved to Montgomery, Alabama, where he and his brother Emanuel established a modest cotton brokering firm that would come to be called Lehman Brothers. On September 15, 2008, Dick Fuld, the last CEO of Lehman Brothers, filed for corporate bankruptcy amid one of the worst financial crises in American history. After 164 years, one of the largest and most respected investment banks in the world was gone, leaving everyone wondering, "How could this have happened?" Peter Chapman, an editor and writer for The Financial Times, answers this question by exploring the complete history of Lehman Brothers between those two historic Septembers. He takes us back to its early days as a cotton broker in Alabama, and then to its glory days as one of the leading corporate financiers in America. He also provides an intimate portrait of the people who ran Lehman over the decades-from Henry Lehman, the founder, to Bobbie Lehman, who led the company into the world of radio, motion pictures, and air travel in first part of the 20th century, to Dick Fuld, who allowed it to morph into a dealer of shoddy securities. Throughout his account of this imperiously rich firm, Chapman examines the impact Lehman Brothers had not only on American finance but also on American life. As a major backer of companies like Pan American Airlines, Macy's, and RKO, Lehman helped lead the country into major new industries and helped support some of its most intrepid entrepreneurs. He then shows how, starting in the 1980s, Lehman's increased focus on short-term gain investments led the firm down the dangerous path that would eventually lead to its demise. In the end, the story of Lehman Brothers is not only the story of a truly important American company but a cautionary tale of what happens when leaders lose sight of their core mission in their quest for something too good to be true. Praise for The Last of the Imperious Rich: "Thought provoking and illuminating" - The New York Times "Chapman has succeeded in holding up a mirror to America's past - and what its future might hold" - Bloomberg
Publisher: Penguin
ISBN: 1101442700
Category : Business & Economics
Languages : en
Pages : 346
Book Description
On September 11, 1844, Henry Lehman arrived in New York City on a boat from Germany. Soon after, he moved to Montgomery, Alabama, where he and his brother Emanuel established a modest cotton brokering firm that would come to be called Lehman Brothers. On September 15, 2008, Dick Fuld, the last CEO of Lehman Brothers, filed for corporate bankruptcy amid one of the worst financial crises in American history. After 164 years, one of the largest and most respected investment banks in the world was gone, leaving everyone wondering, "How could this have happened?" Peter Chapman, an editor and writer for The Financial Times, answers this question by exploring the complete history of Lehman Brothers between those two historic Septembers. He takes us back to its early days as a cotton broker in Alabama, and then to its glory days as one of the leading corporate financiers in America. He also provides an intimate portrait of the people who ran Lehman over the decades-from Henry Lehman, the founder, to Bobbie Lehman, who led the company into the world of radio, motion pictures, and air travel in first part of the 20th century, to Dick Fuld, who allowed it to morph into a dealer of shoddy securities. Throughout his account of this imperiously rich firm, Chapman examines the impact Lehman Brothers had not only on American finance but also on American life. As a major backer of companies like Pan American Airlines, Macy's, and RKO, Lehman helped lead the country into major new industries and helped support some of its most intrepid entrepreneurs. He then shows how, starting in the 1980s, Lehman's increased focus on short-term gain investments led the firm down the dangerous path that would eventually lead to its demise. In the end, the story of Lehman Brothers is not only the story of a truly important American company but a cautionary tale of what happens when leaders lose sight of their core mission in their quest for something too good to be true. Praise for The Last of the Imperious Rich: "Thought provoking and illuminating" - The New York Times "Chapman has succeeded in holding up a mirror to America's past - and what its future might hold" - Bloomberg