Lawrence G. McDonald
American finance author and former Lehman Brothers executive, known for the book "A Colossal Failure of Common Sense" about the collapse of Lehman Brothers and the 2008 financial crisis.
Books
This list of books are ONLY the books that have been ranked on the lists that are aggregated on this site. This is not a comprehensive list of all books by this author.
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1. A Colossal Failure Of Common Sense
The Inside Story of the Collapse of Lehman Brothers
A first-hand account of the events leading up to the 2008 financial meltdown, detailing how risky mortgage products, opaque derivatives, failed risk models, and a profit-driven corporate culture combined with regulatory blind spots to topple a major investment bank; blending insider anecdotes with analysis, it explains the human errors, short-term incentives, and market dynamics that turned a housing downturn into a global crisis and the lessons about risk management and accountability that followed.
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