| Description |
viii, 247 pages ; 24 cm |
| Bibliography |
Includes bibliographical references (pages 231-240) and index. |
| Contents |
The inquisition -- From humble roots to Wall Street contender -- From private to public -- History of investment banking -- How the investment banking money machine works -- The roller-coaster 1980s -- The 1990s: rebuilding years -- Lehman's near-death experience -- Innovation, imitation, and increased risk -- Lehman's risk management -- The real estate bet and the race to the bottom -- The bear mauling -- Time runs out -- The death of Lehman, regulation, and investment banking -- The enablers and the deciders. |
| Summary |
A risk advisor for top financial institutions explains how limitless risky behaviors toppled a 158-year-old institution, using the story to illuminate the interconnection of the global financial system, as well as broader policy implications. |
| Subject |
Lehman Brothers (1993-2008)
|
|
Lehman Brothers (1993-2008) |
|
Global Financial Crisis, 2008-2009.
|
|
Global Financial Crisis (2008-2009) |
|
Financial crises -- United States -- History -- 21st century.
|
|
Financial crises. |
|
United States. |
|
History. |
| Chronological Term |
21st century |
| Subject |
Financial risk.
|
|
Financial risk. |
|
Bank failures -- United States -- 21st century.
|
|
Bank failures. |
|
Banks and banking -- United States -- 21st century.
|
|
Banks and banking. |
| ISBN |
9780071638296 |
|
0071638296 |
|
