Uncontrolled Risk: Lessons of Lehman Brothers and How Systemic Risk Can Still Bring Down the World Financial System

Uncontrolled Risk: Lessons of Lehman Brothers and How Systemic Risk Can Still Bring Down the World Financial System
By:Williams, Mark;
Pub Date:April 16th 2010
Format:Mixed media product 256 pages
ISBN:0071749047 / 9780071749046
Your Price:$32.00 ADD TO CART
More Information




Main description

Why was Lehman ignored when everyone else was bailed out?

A risk advisor for top financial institutions and top B-school professor, Mark Williams explains how uncontrolled risk toppled a 158-year-old institution, using this story as a microcosm to illuminate the interconnection of the global financial system, as well as broader policy implications.

This story is told through the eyes of an experienced risk manager and educator in a detailed and engaging way and provides the reader with a complete summary of how a savvy company with sophisticated employees and systems could have gotten it so wrong.


Table of contents

1. The Inquisition
2. Lehman: From Humble Roots to Wall Street Contender
3. From Private to Public
4. History of Investment Banking
5. How the Investment Banking Money Machine Works
6. The Roller-Coaster 1980s
7. The 1990s: Rebuilding Years
8. Lehman's Near Death Experience
9. Innovation, Imitation and Increased Risk: Mortgage-Backed Securities
10. Lehman's Risk Management
11. The Real Estate Bet and the Race to the Bottom
12. The Bear Mauling
13. Time Runs Out
14. The Death of Lehman, Regulation, and Investment Banking
15. The Eneablers and the Deciders
Epilogue: The Post-Lehman Financial Landscape
Appendix: Lehman Brothers Chronology of Key Events


Backcover

Author Information

Downloads & Resources

Downloads



Related Products

Owl Image

Date: May 12th, 2015
Your Price: $193.00
Owl Image

Date: Mar 24th, 2015
Your Price: $214.73
Owl Image

Date: Mar 19th, 2015
Your Price: $269.09
Owl Image

Date: Mar 11th, 2015
Your Price: $298.75
Owl Image

Date: Mar 5th, 2015
Your Price: $149.40
Owl Image

Date: Mar 4th, 2015
Your Price: $349.42
Owl Image

Date: Mar 4th, 2015
Your Price: $340.74
Owl Image

Date: Mar 4th, 2015
Your Price: $332.06
Owl Image

Date: Feb 26th, 2015
Your Price: $145.00
Owl Image

Date: Feb 11th, 2015
Your Price: $239.33
Owl Image

Date: Feb 10th, 2015
Your Price: $186.75
Owl Image

Date: Feb 9th, 2015
Your Price: $193.00
Owl Image

Date: Feb 6th, 2015
Your Price: $319.00
Owl Image

Date: Jan 20th, 2015
Your Price: $130.00
Owl Image

Date: Jan 19th, 2015
Your Price: $263.67