Uncontrolled risk

A risk advisor for top financial institutions explains how limitless risky behaviors toppled a 158-year-old institution, using the story to illuminate the interconnection of the global financial system, as well as broader policy implications.

Bibliographic Details
Main Author: Williams, Mark T. (Author)
Format: Book
Language:English
Published: New York : McGraw-Hill , c2010
Subjects:
Online Access:Table of contents only
Contributor biographical information
Publisher description
Table of Contents:
  • 1. The inquisition
  • 2. From humble roots to wall street contender
  • 3. From private to public
  • 4. History of investment banking
  • 5. How the investment banking money machine works
  • 6. The roller-coaster 1980s
  • 7. The 1990s: rebuilding years
  • 8. Lehman's near-death experience
  • 9. Innovation, imitation, and increased risk
  • 10. Lehman's risk management
  • 11. The real estate bet and the race to the bottom
  • 12. The bear mauling
  • 13. Time runs out
  • 14. The death of Lehman, regulation, and investment banking
  • 15. The enablers and the deciders