About this product

Product Identifiers

PublisherManchester University Press

ISBN-101784993409

ISBN-139781784993405

eBay Product ID (ePID)219152004

Product Key Features

Number of Pages288 Pages

LanguageEnglish

Publication NameLehman Brothers : a Crisis of Value

SubjectBanks & Banking, Economic History

Publication Year2015

TypeTextbook

AuthorOonagh McDonald

Subject AreaBusiness & Economics

FormatHardcover

Dimensions

Item Height1.1 in

Item Weight0 Oz

Item Length6.4 in

Item Width9.4 in

Additional Product Features

Intended AudienceCollege Audience

LCCN2016-304573

Dewey Edition23

ReviewsOonagh McDonald has written a clear and analytical account of what happened and why. She has a reader friendly style and a sharp eye for details.'Lord Meghnad Desai, Labour Peer, House of Lords'This balanced, lively, fact-filled and lucid examination of the factors that produced Lehman's failure is teeming with insightful analysis. It weaves together little-known facts to dispel commonly believed myths. If you are going to read one thing to gain a deep understanding of why and how Lehman collapsed, this is it.'Charles Calomiris is Henry Kaufman Professor of Financial Institutions at Columbia Business School, USA'This is a balanced, informed account of the collapse of Lehman Brothers that draws on recently released information to give a full picture of the sequence of events surrounding the crisis and its aftermath. It takes a very comprehensive view and examines the roles of asset valuation, corporate governance, law, regulation and financial theory in the story and surely will be of great interest to all readers with either a professional or general interest in the financial markets'Professor Robert Hudson, University of Hull'The demise of Lehman triggered a whole host of unforeseen consequences and with hindsight some have questioned whether it was wise to let Lehman go. This book is the first to use primary sources to look at the detail of the event and that fateful weekend. This is a very well researched and timely book on a topic that will be debated for decades to come.'Kevin Keasey, Professor of Accounting and Finance, Leeds University Business School, UK., "This is a balanced, informed account of the collapse of Lehman Brothers that draws on recently released information to give a full picture of the sequence of events surrounding the crisis and its aftermath. It takes a very comprehensive view and examines the roles of asset valuation, corporate governance, law, regulation and financial theory in the story and surely will be of great interest to all readers with either a professional or general interest in the financial markets" Professor Robert Hudson, University of Hull, 'Oonagh McDonald has written a clear and analytical account of what happened and why. She has a reader friendly style and a sharp eye for details.'Lord Meghnad Desai, Labour Peer, House of Lords'This balanced, lively, fact-filled and lucid examination of the factors that produced Lehman's failure is teeming with insightful analysis. It weaves together little-known facts to dispel commonly believed myths. If you are going to read one thing to gain a deep understanding of why and how Lehman collapsed, this is it.'Charles Calomiris is Henry Kaufman Professor of Financial Institutions at Columbia Business School, USA'This is a balanced, informed account of the collapse of Lehman Brothers that draws on recently released information to give a full picture of the sequence of events surrounding the crisis and its aftermath. It takes a very comprehensive view and examines the roles of asset valuation, corporate governance, law, regulation and financial theory in the story and surely will be of great interest to all readers with either a professional or general interest in the financial markets'Professor Robert Hudson, University of Hull'The demise of Lehman triggered a whole host of unforeseen consequences and with hindsight some have questioned whether it was wise to let Lehman go. This book is the first to use primary sources to look at the detail of the event and that fateful weekend. This is a very well researched and timely book on a topic that will be debated for decades to come.'Kevin Keasey, Professor of Accounting and Finance, Leeds University Business School, UK., "Oonagh McDonald has written a clear and analytical account of what happened and why. She has a reader friendly style and a sharp eye for details." -- Lord Meghnad Desai, Labour Peer, House of Lords "This balanced, lively, fact-filled and lucid examination of the factors that produced Lehman's failure is teeming with insightful analysis. It weaves together little-known facts to dispel commonly believed myths. If you are going to read one thing to gain a deep understanding of why and how Lehman collapsed, this is it." -- Charles Calomiris is Henry Kaufman Professor of Financial Institutions at Columbia Business School, USA "This is a balanced, informed account of the collapse of Lehman Brothers that draws on recently released information to give a full picture of the sequence of events surrounding the crisis and its aftermath. It takes a very comprehensive view and examines the roles of asset valuation, corporate governance, law, regulation and financial theory in the story and surely will be of great interest to all readers with either a professional or general interest in the financial markets." -- Professor Robert Hudson, University of Hull "The demise of Lehman triggered a whole host of unforeseen consequences and with hindsight some have questioned whether it was wise to let Lehman go. This book is the first to use primary sources to look at the detail of the event and that fateful weekend. This is a very well researched and timely book on a topic that will be debated for decades to come." -- Kevin Keasey, Professor of Accounting and Finance, Leeds University Business School, UK. "ELa book that raises important questions about our ability to manage future crises." --John Plender, FT columnist, 14/02/2016, "Oonagh McDonald has written a clear and analytical account of what happened and why. She has a reader friendly style and a sharp eye for details." -- Lord Meghnad Desai, Labour Peer, House of Lords"This balanced, lively, fact-filled and lucid examination of the factors that produced Lehman's failure is teeming with insightful analysis. It weaves together little-known facts to dispel commonly believed myths. If you are going to read one thing to gain a deep understanding of why and how Lehman collapsed, this is it." -- Charles Calomiris is Henry Kaufman Professor of Financial Institutions at Columbia Business School, USA"This is a balanced, informed account of the collapse of Lehman Brothers that draws on recently released information to give a full picture of the sequence of events surrounding the crisis and its aftermath. It takes a very comprehensive view and examines the roles of asset valuation, corporate governance, law, regulation and financial theory in the story and surely will be of great interest to all readers with either a professional or general interest in the financial markets." -- Professor Robert Hudson, University of Hull"The demise of Lehman triggered a whole host of unforeseen consequences and with hindsight some have questioned whether it was wise to let Lehman go. This book is the first to use primary sources to look at the detail of the event and that fateful weekend. This is a very well researched and timely book on a topic that will be debated for decades to come." -- Kevin Keasey, Professor of Accounting and Finance, Leeds University Business School, UK."...a book that raises important questions about our ability to manage future crises." --John Plender, FT columnist, 14/02/2016, "Oonagh McDonald has written a clear and analytical account of what happened and why. She has a reader friendly style and a sharp eye for details." -- Lord Meghnad Desai, Labour Peer, House of Lords "This balanced, lively, fact-filled and lucid examination of the factors that produced Lehman's failure is teeming with insightful analysis. It weaves together little-known facts to dispel commonly believed myths. If you are going to read one thing to gain a deep understanding of why and how Lehman collapsed, this is it." -- Charles Calomiris is Henry Kaufman Professor of Financial Institutions at Columbia Business School, USA "This is a balanced, informed account of the collapse of Lehman Brothers that draws on recently released information to give a full picture of the sequence of events surrounding the crisis and its aftermath. It takes a very comprehensive view and examines the roles of asset valuation, corporate governance, law, regulation and financial theory in the story and surely will be of great interest to all readers with either a professional or general interest in the financial markets." -- Professor Robert Hudson, University of Hull "The demise of Lehman triggered a whole host of unforeseen consequences and with hindsight some have questioned whether it was wise to let Lehman go. This book is the first to use primary sources to look at the detail of the event and that fateful weekend. This is a very well researched and timely book on a topic that will be debated for decades to come." -- Kevin Keasey, Professor of Accounting and Finance, Leeds University Business School, UK., 'Oonagh McDonald has written a clear and analytical account of what happened and why. She has a reader friendly style and a sharp eye for details.' Lord Meghnad Desai, Labour Peer, House of Lords 'This balanced, lively, fact-filled and lucid examination of the factors that produced Lehman's failure is teeming with insightful analysis. It weaves together little-known facts to dispel commonly believed myths. If you are going to read one thing to gain a deep understanding of why and how Lehman collapsed, this is it.' Charles Calomiris is Henry Kaufman Professor of Financial Institutions at Columbia Business School, USA 'This is a balanced, informed account of the collapse of Lehman Brothers that draws on recently released information to give a full picture of the sequence of events surrounding the crisis and its aftermath. It takes a very comprehensive view and examines the roles of asset valuation, corporate governance, law, regulation and financial theory in the story and surely will be of great interest to all readers with either a professional or general interest in the financial markets' Professor Robert Hudson, University of Hull 'The demise of Lehman triggered a whole host of unforeseen consequences and with hindsight some have questioned whether it was wise to let Lehman go. This book is the first to use primary sources to look at the detail of the event and that fateful weekend. This is a very well researched and timely book on a topic that will be debated for decades to come.' Kevin Keasey, Professor of Accounting and Finance, Leeds University Business School, UK., "Oonagh McDonald has written a clear and analytical account of what happened and why. She has a reader friendly style and a sharp eye for details." -- Lord Meghnad Desai, Labour Peer, House of Lords"This balanced, lively, fact-filled and lucid examination of the factors that produced Lehman's failure is teeming with insightful analysis. It weaves together little-known facts to dispel commonly believed myths. If you are going to read one thing to gain a deep understanding of why and how Lehman collapsed, this is it." -- Charles Calomiris is Henry Kaufman Professor of Financial Institutions at Columbia Business School, USA"This is a balanced, informed account of the collapse of Lehman Brothers that draws on recently released information to give a full picture of the sequence of events surrounding the crisis and its aftermath. It takes a very comprehensive view and examines the roles of asset valuation, corporate governance, law, regulation and financial theory in the story and surely will be of great interest to all readers with either a professional or general interest in the financial markets." -- Professor Robert Hudson, University of Hull"The demise of Lehman triggered a whole host of unforeseen consequences and with hindsight some have questioned whether it was wise to let Lehman go. This book is the first to use primary sources to look at the detail of the event and that fateful weekend. This is a very well researched and timely book on a topic that will be debated for decades to come." -- Kevin Keasey, Professor of Accounting and Finance, Leeds University Business School, UK."'e¦a book that raises important questions about our ability to manage future crises." --John Plender, FT columnist, 14/02/2016, 'Oonagh McDonald has written a clear and analytical account of what happened and why. She has a reader friendly style and a sharp eye for details.'Lord Meghnad Desai, Labour Peer, House of Lords and author of The Rediscovery of India

Dewey Decimal332.660973

Table Of Content1 From cotton trader to investment banker: 1844-2008 2 From hubris to nemesis: January to September 2008 3 The fateful weekend 4 Regulating the 'Big Five' 5 The largest bankruptcy in American history 6 The destruction of value 7 Lehman's valuation of its assets 8 Measuring value 9 Monitoring value 10 Chasing a chimera? Appendix 1: The Lehman Brothers Board of Directors in 2007 Appendix 2: The Lehman Brothers Corporate Structure Index

SynopsisUsing 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. An electronic edition of this book is freely available under a Creative Commons (CC BY-NC) licence., 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 e, 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, 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. -- .

LC Classification NumberHG5129.N5