《The Murder of Lehman Brothers》是Brick Tower Books出版的圖書，作者是Joseph Tibman
基本介紹
- ISBN：9781883283711
- 作者：Joseph Tibman
- 出版社：Brick Tower Books
- 出版時間：2009年10月15日
- 頁數：245
- 定價：USD 24.95
- 裝幀：Hardcover
內容簡介
"To me, as a multi-decade, veteran Lehman investment banker, the breathtaking death of my firm appeared impossible as little as three days ahead of the bankruptcy filing. Not only did I consider our "master of the universe" firm invincible, but, like my colleagues, when it became clear we were in deep trouble, it was unfathomable that the US government could misstep so foolishl...(展開全部) "To me, as a multi-decade, veteran Lehman investment banker, the breathtaking death of my firm appeared impossible as little as three days ahead of the bankruptcy filing. Not only did I consider our "master of the universe" firm invincible, but, like my colleagues, when it became clear we were in deep trouble, it was unfathomable that the US government could misstep so foolishly as to let any bulge bracket investment bank simply fail. The worst case seemed to be the Bear Stearns route. "But Henry Paulson, Treasury Secretary, is a Bush appointee, and so like other cabinet members, a free agent, ruling his fiefdom like a Tsar. He in effect gave his singular nod to the dissolution of a century and a half old firm, and the largest US bankruptcy ever, launching a sucker punch to global financial markets and sending an already weak economy into a tailspin". This book sheds light on the perfect, complex storm that led to Lehman's collapse and the ensuing global consequences. It includes a brief history of Lehman, highlighting certain notable events, including a previous near collapse, the rise of Richard Fuld and the "one-firm" culture, the repeated mistake made by providers of credit, inventing new financings -- rationalising that while profitable, these risky endeavours are actually not risky, more specifically sub-prime mortgages and Lehman's role, as well as an internal battle over Lehman's embrace of a massive real estate book, the emergence of Lehman as a top tier firm, the unravelling that began with the sub-prime meltdown, and gained vigour with the fall of Bear,
