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Lehman Brothers: A Crisis Of Value
Amazon.com Price: $0.01 (as of 01/17/2023 10:26 PST- Details)
Dr. Oonagh McDonald is known internationally as a subject matter expert on how financial institutions work. Her expertise shines through, some might say that the books have already been written on the failure of Lehman’s; so there no need to read another one. However, the key element missed in this opinion is that it is often quite valuable to let a number of years elapse before all the components in such a crisis can be fully digested.
Description
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.
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