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.
I'm amazed at how this app seamlessly integrates into my life, enhancing every moment with stories. 🎶 Saying goodbye to tangled headphones and complex controls – this app's easy navigation has made audiobook listening a breeze. 🎵📖
I can't imagine a day without this app – it has made my audiobook journey seamless and fulfilling. Quick access to chapters and controls makes ListenBook a joy to use. It's a seamless experience. The app is so user-friendly. Even my grandma can use it!
The narrators have a way of bringing characters to life – it's a unique experience. 🎉 An app that turns house chores into exciting adventures – count me in! 🧹📖 The statistics feature in ListenBook is a valuable tool for monitoring and optimizing my audiobook consumption. ListenBook Pro takes things up a notch with unlimited audiobook length. It's a game-changer! Flawless support for various audio formats. Very happy with it.
ListenBook's integration with CarPlay and Apple Watch has streamlined my multitasking. ListenBook has become my trusted companion, guiding me through the realms of imagination. I can't get enough of this app's intuitive controls – it's the perfect way to indulge in audiobooks. 🏃♂️📚 Combining exercise and exploration – this app keeps me motivated on my daily jogs! 🏃♂️📖 Simplifying my audiobook experience – this app's design is a game-changer.
As a visually impaired person, this app has opened up a new world of stories for me. ListenBook Pro's noise reduction feature elevates my listening experience, allowing me to focus on the content.
ListenBook's compatibility with CarPlay and Apple Watch integration ensures that I can enjoy my audiobooks wherever I am. Audiobook enjoyment without the hassle – this app's design is a win. Effortless and enriching – that's how I'd describe my experience with this app. Its functionality, from seamless downloads to binaural audio processing, has truly raised the bar. 📱📖 Automatic metadata retrieval adds a professional touch to my audiobook collection.
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