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A Colossal Failure of Common Sense: The Inside Story of the Collapse of Lehman Brothers

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Lawrence McDonald



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11Vote!

Electronic Construction Sign Seeks Seller Of Lehman Floating Rate Notes

The Business Insider (Free subscription) | 02/26/2010

One can't help but wonder who had the financial prowess to both make a joke like this AND program a road sign. Big thanks to Lawrence McDonald for finding this one. Join the conversation about this story » See Also: Is It Time To Break Out This Hat? QUIZ: Can You Guess Which 7 Companies Are Up In The S&P 500? Awesome Video Of A Futures Trader Flipping Out Over Losses

5Vote!

Home Front: Wall Street used Stockton as housing punch line

Sacramento Bee (Free subscription) | 02/19/2010

On Wall Street it was spring 2005 "when we began to hear the first jokes about the housing market," writes Lawrence McDonald, vice president at Lehman Brothers before its historic September 2008 collapse. McDonald, author of a riveting new inside history of Lehman, "A Colossal Failure of Common Sense," says, "One name in particular kept popping up on the...

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