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The New York Times
Neil M. Barofsky is not a household name like some special investigators of the past — Kenneth Starr during the Clinton administration or Archibald Cox in the Watergate years.
But increasingly, Mr. Barofsky …
Meet the Lehman Brothers distressed debt trader who stood on the bridge at the heart of the Protest Group - as the Lehman High-Command drove relentlessly toward the fatal iceberg. Lawrence McDonald provides the front row seat in the biggest bankruptcy the universe has ever seen. Bigger than Enron, Worldcom and Adelphi combined. $750 billion.
The International Monetary Fund head has warned that the global economy could experience another downturn - a so-called double dip recession.
Dominique Strauss-Kahn said countries should not exit from stimulus packages that have bolstered growth through …
This all the media featuring Lawrence McDonald discussing his book, “A Colossal Failure Of Common Sense.”
The Pangea strategy recorded another positive month in November. The fund was up 6.21% (net of expenses and commissions but before management and performance fees) as it was positioned opportunistically across assets throughout the month.
BROTHERS GRIM — Larry McDonald, who worked for the ill-fated Lehman Brothers investment bank, speaks at a KPU event about the company’s bankruptcy filing in September 2008. McDonald blamed the Board of Directors for the …
BROTHERS GRIM — Larry McDonald, who worked for the ill-fated Lehman Brothers investment bank, speaks at a KPU event about the company’s bankruptcy filing in September 2008. McDonald blamed the Board of Directors for the …
Inside Lehman’s CollapseLawrence McDonald, author of the bestseller “A Colossal Failure of Common Sense,” tells the inside story of the collapse of Lehman Brothers.
Excellent exchange - more agreement than disagreement, clearly.
Bonuses for the regulators!!! Love it.
Expand the Federal Whistleblower provisions.
It is very interesting and well done.
I agree that big banks should be broken apart. Bring back tha Glass-Steagall law and enforce it as a quick preventative measure. Look, if we do not do something different this whole financial fiasco will repeat itself. Even the bears on Wall Street could not stop it from happening, although I’m pretty sure they made a ton of money when nobody else would want to listen. Break the big banks apart for better governance, more competition, and better employment.