Lawrence G. McDonald

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Lawrence G. McDonald

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Member Since
October 2009

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A Colossal Experience

It was just about a year ago, mid October 2008. New York Times #1 Best Selling Author, Patrick Robinson and I were under way, putting our project in first gear. 173, seventeen hour days later, including Christmas Eve and Day (ditto on New Years) we finished. But I will never ever forget Sunday evening September 14, 2008. That was the night a broken man in tears decided to write "A Colossal Failure Read more of this blog post »
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Published on October 11, 2009 18:01 Tags: america, bank, ben, bernanke, brothers, dick, economics, fiance, fuld, geithner, goldman, hank, ken, lehman, lewis, lynch, merrill, paulson, sachs, tim
Average rating: 3.96 · 3,883 ratings · 304 reviews · 2 distinct worksSimilar authors
A Colossal Failure of Commo...

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3.92 avg rating — 3,333 ratings — published 2009 — 24 editions
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How to Listen When Markets ...

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Quotes by Lawrence G. McDonald  (?)
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“Corporate bonds, Treasury bonds, and municipal bonds all represent nothing more than a loan—or, if you wish, debt—for which the lender will be paid an interest rate,”
Lawrence G. McDonald, A Colossal Failure of Common Sense: The Inside Story of the Collapse of Lehman Brothers

“When you buy your bond, you are given two key facts—the amount of interest you will receive annually and the date your bond will mature. On that maturity date you will be given your money back. All”
Lawrence G. McDonald, A Colossal Failure of Common Sense: The Inside Story of the Collapse of Lehman Brothers

“The difference between these CLOs and the mortgage CDOs was the difference between a raft of corporations and a raft of homeowners.”
Lawrence G. McDonald, A Colossal Failure of Common Sense: The Inside Story of the Collapse of Lehman Brothers

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