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Greed and Glory on Wall Street: The Fall of the House of Lehman


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#454780 in eBooks 2015-09-29 2015-09-29File Name: B013CUC1FQ3 of 4 people found the following review helpful. Good history of Investment Banking and especially Lehman BrothersBy Biggy MunnGood history of Investment Banking and especially Lehman Brothers. Tough reading sometimes due to the insider point of views on specific personalities and conflicts, but all in all a good representation of the historical facts and details leading up to the eventual demise of one of the largest institutional collapses of our time.1 of 2 people found the following reviewFrom Publishers WeeklyBased on probing research, this modern morality tale is an expansion of a 1984 New York Times Magazine article on the ruinous behind-the-scenes struggle between two top officers of the 134-year-old private investment banking firm Lehman Brothers Kuhn Loeb. Auletta (The Art of CThe inside account of a financial meltdown that reshaped Wall Street In 1983, Lew Glucksman, then co-CEO of the heralded investment bank Lehman Brothers, demanded the resignation of chairman Pete Peterson, with whom he had long argued over how to manage the company. Shockingly, Peterson, who had taken charge a decade earlier and led Lehman from near collapse to record profits, agreed to step down. In this meticulously researched volume, Ken Auletta details the turmoil, infighting, and power stru...

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