Financial Investment Risk Consultant | Lawrence McDonald
Financial & Economic Consultant | New York Times Bestselling Author
Ex-Lehman VP: Volcker won’t stop crisis Lawrence McDonald, a former vice president of distressed debt and convertible securities trading at Lehman Brothers until it collapsed in 2008, tells the FT’s US markets editor, Aline van Duyn, that there will be growing pains with implementing the Volcker rule and profits may take a hit at places [...]
FBN’s Charlie Gasparino with Lawrence McDonald, McDonald Advisory Group president, on Morgan Stanley’s earnings and Meredith Whitney’s municipal bonds report: The Municipal Bond Crisis, the next Lehman Brothers? Watch the latest video at video.foxbusiness.com
What’s behind good and evil proprietary trading? This week marks a turning point in the recovery from the “Great Recession.” The Financial Stability Oversight Counsel will release an 80 page draft of “recommendations” on the Volcker Rule to the Federal Reserve. The main objective? Prevent the next Lehman Brothers. The head of this counsel is none other than Tim Geithner. [...]
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