Lawrence McDonald

Article By Marcy Nicholson and Frank Tang, Reuters U.S. commodity markets have shrunk almost 9 percent since MF Global’s collapse as farmers, investors and traders close out positions, according to a Reuters analysis of data that suggests there may be lasting effects from the industry’s most disruptive broker failure. While several different factors likely figured [...]

Lawrence McDonald, Senior Director at Newedge USA LLC, talks about MF Global Holdings Ltd.’s bankruptcy. Jon S. Corzine today told lawmakers he never intended to break any rules as head of MF Global and doesn’t know what happened to an estimated $1.2 billion in missing client funds. McDonald speaks with Mark Crumpton on Bloomberg Television’s [...]

Down on the Farm Article By Jerry A. Dicolo and Dan Strumpf, Wall Street Journal  Around midnight, on an empty Colorado highway, Brian Dunn was hauling cows back to his farm in St. John, Kan., when he heard on the radio about the collapse of MF Global Holdings Ltd. “I thought, if I come out [...]

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 [...]