Lawrence McDonald

Larry McDonald is one of the few men from the inside of Wall Street who is publicly speaking about the disaster of Lehman Brothers and the priceless investing lessons of the great financial crisis.  He was there… Watch this video as he discusses the “unleashing the forces of evil.Lawrence McDonald on the Lecture Tour: “Unleashing the Forces of [...]

In my New York Times Best Selling book, “A Colossal Failure of Common Sense - The Inside Story of the Collapse of Lehman Brothers,” I make a strong case. Our government allowed Fannie Mae and Freddie Mac to become a giant mortgage backed security hedge fund, complete with 70-1 taxpayer funded leverage. They had sub Libor financing, meaning the luxury [...]

Larry shares his worries about businesses that depended on the securitization market for funding would remain hamstrung until that piece of the financial system gets addressed in full, putting a crimp in employment and economic growth in the meanwhile. It’s common enough at the beginning of a new year to reflect on where we have [...]

By: CNBC.com The guarantees offered by the US government to ensure the financial system does not collapse have changed the world forever because now expectations are that the same guarantees will be offered in major crises, Elizabeth Warren, the head of the Congressional Oversight panel on the Troubled Asset Relief Program (TARP), told CNBC Friday. [...]

The new thriller, direct from the heart of Lehman Brothers, written by the eyewitness, Lawrence G. McDonald, is packed with insider secrets few people would dare reveal.

By Matthew Richardson and Nouriel Roubini | May 6, 2009 From the Financial Times: Joseph Schumpeter famously argued that the essence of capitalism was creative destruction, by which new economic structures are born from the rubble of older ones. The government stress tests on the 19 largest US banks, the results of which are due [...]

By Lawrence G. McDonald It was 1967 when a New Bedford textile corporation in Massachusetts, suddenly upped and purchased National Indemnity, a substantial insurance operation out of Omaha, Nebraska. The textile mill was Berkshire Hathaway, and its owner, Mr. Warren Buffett stumped up $8.6 million, which was a sizeable amount of money in 1967, perhaps [...]