Listen to A Colossal Failure of Common Sense: The Inside Story of the Collapse of Lehman Brothers by Lawrence G. McDonald
Enjoy this audiobook with MP3 Audiobook Player - the ultimate iOS audiobook experience
One of the biggest questions of the financial crisis has not been answered until now: What happened at Lehman Brothers and why was it allowed to fail, with aftershocks that rocked the global economy? In this news-making, often astonishing book, a former Lehman Brothers Vice President gives us the straight answers—right from the belly of the beast. In A Colossal Failure of Common Sense, Larry McDonald, a Wall Street insider, reveals, the culture and unspoken rules of the game like no book has ever done. The book is couched in the very human story of Larry McDonald’s Horatio Alger-like rise from a Massachusetts “gateway to nowhere” housing project to the New York headquarters of Lehman Brothers, home of one of the world’s toughest trading floors. We get a close-up view of the participants in the Lehman collapse, especially those who saw it coming with a helpless, angry certainty. We meet the Brahmins at the top, whose reckless, pedal-to-the-floor addiction to growth finally demolished the nation’ s oldest investment bank. The Wall Street we encounter here is a ruthless place, where brilliance, arrogance, ambition, greed, capacity for relentless toil, and other human traits combine in a potent mix that sometimes fuels prosperity but occasionally destroys it. The full significance of the dissolution of Lehman Brothers remains to be measured. But this much is certain: it was a devastating blow to America’s—and the world’s—financial system. And it need not have happened. This is the story of why it did.
Audiobooks have become my go-to entertainment, and this app is the reason. I can't imagine my audio routine without ListenBook's seamless and user-friendly design. Sharing audiobooks with friends through AirDrop is a fun way to inspire others to read. ListenBook has completely changed how I enjoy audiobooks. The app is packed with features like customizable skip intervals, playback speed, and sleep timers. The interface is clean and easy to navigate. Five stars!
Sharing audiobooks with friends through AirDrop and Sharing on ListenBook Pro is fantastic. Simplifying audiobook adventures – this app's ease of use is a delight.
📚 Farewell, boredom during ironing sessions – audiobooks make it a breeze! 👗🎧 The ability to organize my library is a huge plus. Everything is so neat and tidy.
ListenBook has truly transformed my audiobook experience. The sleek interface, extensive format support, and easy downloading options make it my go-to app! Auto-rewind feature is a lifesaver. I never lose my place! I love the variety of themes available. It makes the app feel personalized.
Kudos to the developers for crafting an app that understands readers' needs. The smooth playback and sleek design are pure perfection. 📚👏 ListenBook's ability to extract artwork and metadata automatically adds a visual touch to my audiobook collection.
This app has turned my daily routine into a source of excitement and joy. ListenBook's dedication to enhancing the audiobook experience has made it my preferred app for listening to content on the go. The intuitive interface and seamless navigation make this app a joy to use. This app has completely transformed my daily routine. I can't imagine my commute without it!
Plays MP3, MP4, OPUS, OGG, FLAC, AWB, M4B, M4A, WMA, AAC formats
Optimized for iPhone, iPad, and iPod with seamless integration
Adjust playback speed from 0.5x to 3.0x for your listening preference
Import audiobooks via iTunes, cloud services, or direct downloads
Get your favorite audiobooks in supported formats from various sources
Import audiobooks to MP3 Audiobook Player using multiple methods
Control playback from your device, headphones, Apple Watch, or CarPlay
Join thousands of users who enjoy audiobooks with MP3 Audiobook Player daily
Download Now