Colossal Failure of Common Sense

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 centre of the meltdown of the company and gives an intimate look at the madhouse that Lehman became.

O explicatie de stiri care raspunde la intrebarea pe care toti inca o pun: ,,de ce s-a intamplat?" Larry McDonald, fost vicepresedinte la Lehman Brothers responsabil cu tranzactionarea datoriilor in dificultate si a titlurilor convertibile, a fost chiar in centrul colapsului companiei si da o privire intima asupra casei de nebuni in care a devenit Lehman.