{"product_id":"a-colossal-failure-of-common-sense-paperback-by-lawrence-g-mcdonald-with-patrick-robinson","title":"A Colossal Failure of Common Sense Paperback by Lawrence G. McDonald with Patrick Robinson","description":"\u003cbody\u003e\n                \n                    \n                        \u003ch2\u003e\u003cstrong\u003eProduct Details\u003c\/strong\u003e\u003c\/h2\u003e\n                        \u003cul\u003e\n                            \u003cli\u003e\n\u003cstrong\u003ePublisher\u003c\/strong\u003e: \u003cb\u003eCrown Currency\u003c\/b\u003e \u003cb\u003e(2010-10-12)\u003c\/b\u003e\n\u003c\/li\u003e\n                            \u003cli\u003e\n\u003cstrong\u003eLanguage\u003c\/strong\u003e: \u003cstrong\u003eEnglish\u003c\/strong\u003e\n\u003c\/li\u003e\n                            \u003cli\u003e\n\u003cstrong\u003ePaperback\u003c\/strong\u003e: \u003cstrong\u003e368\u003c\/strong\u003e \u003cb\u003epages\u003c\/b\u003e\n\u003c\/li\u003e\n                            \u003cli\u003e\n\u003cstrong\u003eISBN-13\u003c\/strong\u003e: \u003cstrong\u003e9780307588340\u003c\/strong\u003e\n\u003c\/li\u003e\n                            \u003cli\u003e\n\u003cstrong\u003eItem Weight\u003c\/strong\u003e: \u003cstrong\u003e294.84\u003c\/strong\u003e \u003cb\u003egrams\u003c\/b\u003e\n\u003c\/li\u003e\n                            \u003cli\u003e\n\u003cstrong\u003eDimensions\u003c\/strong\u003e: \u003cstrong\u003e20.4 x 13.46 x 2.03\u003c\/strong\u003e \u003cb\u003ecm\u003c\/b\u003e\n\u003c\/li\u003e\n                        \u003c\/ul\u003e\n                        \u003cbr\u003e\n                        \u003cp\u003e\u003cb\u003eOne of the biggest questions of the financial crisis has not been answered until  now: What happened at Lehman Brothers and why was it allowed to fail, with aftershocks  that rocked the global economy? In this news-making, often astonishing book, a former  Lehman Brothers Vice President gives us the straight answers—right from the belly  of the beast.\u003c\/b\u003e\u003cbr\u003e\u003cbr\u003e In \u003ci\u003eA Colossal Failure of Common Sense\u003c\/i\u003e, Larry McDonald, a Wall Street  insider, reveals, the culture and unspoken rules of the game like no book has ever  done. The book is couched in the very human story of Larry McDonald’s Horatio Alger-like  rise from a Massachusetts “gateway to nowhere” housing project to the New York headquarters  of Lehman Brothers, home of one of the world’s toughest trading floors.\u003cbr\u003e  \u003cbr\u003e We get  a close-up view of the participants in the Lehman collapse, especially those who  saw it coming with a helpless, angry certainty. We meet the Brahmins at the top,  whose reckless, pedal-to-the-floor addiction to growth finally demolished the nation’ s oldest investment bank. The Wall Street we encounter here is a ruthless place,  where brilliance, arrogance, ambition, greed, capacity for relentless toil, and other  human traits combine in a potent mix that sometimes fuels prosperity but occasionally  destroys it.\u003cbr\u003e  \u003cbr\u003e The full significance of the dissolution of Lehman Brothers remains  to be measured. But this much is certain: it was a devastating blow to America’s—and  the world’s—financial system. And it need not have happened. This is the story of  why it did.\u003c\/p\u003e\n                        \u003ch3\u003e\u003cstrong\u003eAbout the Author\u003c\/strong\u003e\u003c\/h3\u003e\n                        \u003cp\u003eLAWRENCE G. McDONALD is a managing director of Pangea Capital Management LP. He was, until 2008, vice president of distressed debt and convertible securities trading at Lehman Brothers. He ran an extremely successful joint venture between the firm’s fixed income and equity divisions and was one of Lehman’s most consistently profitable traders. McDonald is also cofounder of Convertbond.com, named by Forbes magazine as “Best of the Web” from 2000 to 2003, specifically citing it as the Web’s premier source for convertible securities information, valuation, and news.\u003cbr\u003e \u003cbr\u003ePATRICK ROBINSON wrote\u003ci\u003e Lone Survivor\u003c\/i\u003e with the U.S. Navy SEAL Marcus Luttrell.\u003c\/p\u003e\n                    \n                \n            \u003c\/body\u003e","brand":"Best Bookstore","offers":[{"title":"New","offer_id":46552723390625,"sku":"BBSNIJ9780307588340","price":28.49,"currency_code":"CAD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0525\/2084\/5473\/files\/9780307588340.jpg?v=1781714018","url":"https:\/\/www.bestbookstore.ca\/products\/a-colossal-failure-of-common-sense-paperback-by-lawrence-g-mcdonald-with-patrick-robinson","provider":"Best Book Store","version":"1.0","type":"link"}