|
|
|
|
A Colossal Failure of Common Sense - [25 Nov 2009]
Larry McDonald has done an excellent job of explaining how the financial industry, our government and the American consumer has gotten us into the financial melt down we are in today. Not being in the financial business, I did not understand the fundamentals...
and the American consumer has gotten us into the financial melt down we are in today...
www.amazon.com/review/RJPHFAIA2...
|
|
|
The Best of the Books I've Read about the collapse of Lehman - [22 Nov 2009]
Anyone else who was similarly disappointed by "Tibman's" nearly illiterate THE MURDER OF LEHMAN BROTHERS can take solace in the fact that this is a much more coherent account of the demise of this institution as a result of attempting to exploit difficult...
BROTHERS can take solace in the fact that this is a much more coherent account of the...
www.amazon.com/review/R6IUNG4YM...
|
|
|
Irrational Hubris - [19 Nov 2009]
The pleasure and enlightenment I derived from reading "A Colossal Failure of Common Sense" is in a class of its own. I am not employed in the financial sector and although I am a daily reader of the WSJ, I never fully grasped the fundamentals of the underlying...
is in a class of its own. I am not employed in the financial sector and although I am a daily...
www.amazon.com/review/R18G56U6VW...
|
|
|
credibility of the authors sink in first couple of pages.... - [09 Nov 2009]
First, Lehman was certainly not "the greatest" nor the most prestigious investment bank "Wall Street had ever seen"...that is just rubbish. The 2nd thing that quickly stood out on the 1st page or 2nd was incorrect English usage....using "disrespect" as...
Street had ever seen"...that is just rubbish. The 2nd thing that quickly stood out on the...
www.amazon.com/review/R2SQYPDE1...
|
|
|
NO FREE LUNCH - [22 Oct 2009]
Takes a very complicated subject to a new level of simplicity. There is no free lunch. There is no free money. What wall street or Washington or Sacramento borrows has to be repaid.You can not lend money to people who cannot ever pay it back. No doc loans...
is no free money. What wall street or Washington or Sacramento borrows has to be repaid....
www.amazon.com/review/R272MC0JTWL...
|
|
|
Great Book - [19 Oct 2009]
Finally someone wants to tell the truth about the current problems in this country and thank you to Larry McDonald for doing that. It is nice to see someone spill the beans on how the banks, government, and also us the consumers made so many mistakes ...
you to Larry McDonald for doing that. It is nice to see someone spill the beans on how the...
www.amazon.com/review/RPJ8D517K...
|
|
|
What is "common" sense? - [18 Oct 2009]
After reading about the Bear Stearns collapse, the Madoff fraud and now the Lehman collapse I've come to the conclusion that when it comes to money commen sense means doing the same thing everyone else is doing if they and you seem to be making money....
I've come to the conclusion that when it comes to money commen sense means doing the same...
www.amazon.com/review/RY7YZFURH...
|
|
|
A Colossal Failure of Common Sense - [13 Oct 2009]
Well written book that explains how Wall Street really works. People work long hours and are totally focused on their jobs and making a lot of money. Most of their lives are unbalanced and they rarely have enough time for family and other activities. ...
totally focused on their jobs and making a lot of money. Most of their lives are unbalanced...
www.amazon.com/review/R1PXW7CKFGSVUC...
|
|
|
The Crescendo at the Cliff - [12 Oct 2009]
How do millions of people get to the edge of the cliff? What happens when the precipice upon which we are standing breaks off? Common sense would tell you not to stand on the edge of a cliff with millions of others wouldn't it? Is it the cliff's fault...
which we are standing breaks off? Common sense would tell you not to stand on the edge of...
www.amazon.com/review/R1CTOAWBRXFKM...
|
|
|
A colossal failure of common sense.... - [08 Oct 2009]
The book provides a "slow motion" snap shots of what lead up to the demise of the Lehman Brothers(LB) from an insider's closeup. The inner working of the company was intricate and fascinating,with best of the best professionals playing the high stake ...
LB) from an insider's closeup. The inner working of the company was intricate and fascinating...
www.amazon.com/review/RQQVVXZLNP...
|