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A Colossal Failure of Common Sense

the Inside Story of the Collapse of Lehman Brothers
Grenoble17
Aug 27, 2012Grenoble17 rated this title 4.5 out of 5 stars
Good look into the inner workings at Lehman that led to their collapse. The first few chapters are more autobiographical about the author's rise to Lehman. At Lehman, the author gives a good look into the warnings of the impending collapse of the housing market, the risks of subprime mortgages and high leverage, and the culture of envy and risk that permeated from the top of Lehman.