A Colossal Failure of Common Sense

This book provides an insider's view of the events leading up to the collapse of Lehman Brothers in 2008.

Written by Lawrence G. McDonald, a former Vice President at the firm, and Patrick Robinson, the book offers a candid and detailed look at the internal dynamics, decision-making processes, and cultural factors that contributed to the bank's downfall.

It is a critical examination of the failures in leadership, risk management, and regulatory oversight that had far-reaching consequences for the global financial system.