A 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 ultima ora care raspunde la intrebarea pe care toata lumea si-o pune in continuare: ,,de ce s-a intamplat asta?". Larry McDonald, fost vicepresedinte la Lehman Brothers, responsabil de tranzactionarea datoriilor in dificultate si a titlurilor convertibile, a fost chiar in centrul prabusirii companiei si ofera o privire intima asupra nebuniei in care s-a transformat Lehman.