Uncontrolled Risk Lessons Of Lehman Brothers And How Systemic Risk Can Still Bring Down The World Financial System

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Uncontrolled Risk: Lessons of Lehman Brothers and How Systemic Risk Can Still Bring Down the World Financial System

Uncontrolled Risk: Lessons of Lehman Brothers and How Systemic Risk Can Still Bring Down the World Financial System
Author :
Publisher : McGraw Hill Professional
Total Pages : 257
Release :
ISBN-10 : 9780071749046
ISBN-13 : 0071749047
Rating : 4/5 (047 Downloads)

Book Synopsis Uncontrolled Risk: Lessons of Lehman Brothers and How Systemic Risk Can Still Bring Down the World Financial System by : Mark Williams

Download or read book Uncontrolled Risk: Lessons of Lehman Brothers and How Systemic Risk Can Still Bring Down the World Financial System written by Mark Williams and published by McGraw Hill Professional. This book was released on 2010-04-16 with total page 257 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why was Lehman ignored when everyone else was bailed out? A risk advisor for top financial institutions and top B-school professor, Mark Williams explains how uncontrolled risk toppled a 158-year-old institution, using this story as a microcosm to illuminate the interconnection of the global financial system, as well as broader policy implications. This story is told through the eyes of an experienced risk manager and educator in a detailed and engaging way and provides the reader with a complete summary of how a savvy company with sophisticated employees and systems could have gotten it so wrong.


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