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.
ListenBook has transformed my listening habits, making them more engaging and enjoyable. Looping playback has taken my language learning to new heights. Highly recommended! ListenBook Pro is worth every penny. The unlimited audiobook length is a dream come true.
This app has introduced me to genres I never thought I'd enjoy – it's eye-opening. ListenBook has redefined my audiobook experience. It's a true companion for all my literary adventures.
Savoring stories has never been this smooth – this app's functionality is genius. Elegant design and user-friendly interface. Love it! The statistics tracking feature is very useful. ListenBook helps me keep track of my listening time. ListenBook is the ultimate audiobook player. The app supports all formats, and the import process is seamless. I love the playback history feature—it’s so easy to revisit my favorite parts. Highly recommend this app!
🌟 Who needs a dull commute when you can embark on literary journeys with this app? 🚗📖 Audiobooks on the go – this app's design prioritizes convenience. Bravo to the creators of this app – they've truly captured the essence of convenient audiobook enjoyment. The smooth playback and thoughtful design have won me over. 📚👏 I love how ListenBook makes it easy to organize my audiobook library. The app supports all formats, and the import process is a breeze. The playback controls are responsive, and the sound quality is excellent. Highly recommend!
This app has become my ultimate travel companion, ensuring that I'm always entertained and inspired. The bookmark feature is fantastic. I can easily pick up where I left off. The app is constantly updated with new features. The developers really care.
This app has become my go-to for audiobooks, adding a layer of convenience and enjoyment to my days. ListenBook's drag-and-drop download feature simplifies the process of adding new audiobooks to my 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