Uncontrolled risk : the lessons of Lehman Brothers and how systemic risk can still bring down the world financial system / Mark T. Williams.
- Title
- Uncontrolled risk : the lessons of Lehman Brothers and how systemic risk can still bring down the world financial system / Mark T. Williams.
- Published by
- New York : McGraw-Hill, c2010.
- Author
Items in the library and off-site
Displaying 1 item
Status | Format | Access | Call number | Item location |
---|---|---|---|---|
Status | FormatText | AccessRequest in advance | Call numberHB3722 .W55 2010g | Item locationOff-site |
Details
- Description
- viii, 247 p.; 24 cm.
- Summary
- "In this account of Lehman Brothers' spectacular rise and fall, author Mark T. Williams explains how uncontrolled risk toppled a 158-year-old institution - and what it says about Wall Street, Washington, D.C., and the world financial system. A former trading floor executive and Fed bank examiner, Williams sees Lehman's 2008 collapse as a microcosm of the industry - a worst-case scenario of smart decisions, stupid mistakes, ignored warnings, and important lessons in money, power, and policy that affect us all."--BOOK JACKET.
- Subject
- Contents
- Ch. 1. The Inquisition -- Ch. 2. From Humble Roots to Wall Street Contender -- Ch. 3. From Private to Public -- Ch. 4. History of Investment Banking -- Ch. 5. How the Investment Banking Money Machine Works -- Ch. 6. The Roller-Coaster 1980s -- Ch. 7. The 1990s: Rebuilding Years -- Ch. 8. Lehman's Near-Death Experience -- Ch. 9. Innovation, Imitation, and Increased Risk -- Ch. 10. Lehman's Risk Management -- Ch. 11. The Real Estate Bet and the Race to the Bottom -- Ch. 12. The Bear Mauling -- Ch. 13. Time Runs Out -- Ch. 14. The Death of Lehman, Regulation, and Investment Banking -- Ch. 15. The Enablers and the Deciders -- Epilogue: The Post-Lehman Financial Landscape -- Appendix. Lehman Chronology, 1845-2010.
- Owning institution
- Columbia University Libraries
- Bibliography (note)
- Includes bibliographical references (p. 231-240) and index.