The Murder of Lehman Brothers 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 mistakes made by providers of credit, inventing new financings--rationalizing that while profitable, these risky endeavors are actually not risky, more specifically subprime 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 unraveling that began with the subprime meltdown, and gained vigor with the fall of Bear, and the consequences of Lehman's fall.
Joseph Tibman Libri


The Murder of Lehman Brothers, an Insider's Look at the Global Meltdown
- 254pagine
- 9 ore di lettura
Exploring the aftermath of the 2008 financial crisis, the book delves into the roles of credit rating agencies like Moody's and S&P in the economic meltdown. It questions their accountability and reveals previously undisclosed insights about Lehman Brothers and the broader implications of the crisis. Joe Tibman offers a unique perspective on the systemic failures that contributed to the financial disaster, providing readers with a deeper understanding of the events and decisions that shaped the current economic landscape.