Lawrence G. McDonald
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This article provides insufficient context for those unfamiliar with the subject. Please help improve the article with a good introductory style. (July 2011) |
Lawrence G. McDonald is a former vice-president at Lehman Brothers and is currently managing director of Pangea Capital Management LP.[1]
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[edit] Financial crisis
In an editorial for the Huffington Post, McDonald was critical of former United States Secretary of the Treasury Henry Paulson's decision to save Bear Stearns while allowing Lehman Brothers to fail.[2]
[edit] A Colossal Failure of Common Sense
In a book entitled A Colossal Failure of Common Sense, McDonald gives his account of the events surrounding the financial crisis of 2007–2010. The book discusses JP Morgan Chase's purchase of Bear Stearns and the bankruptcy of Lehman Brothers. The book was written with New York Times columnist Patrick Robinson.[3]
As of September 25, 2009, the book was 33rd on the New York Times Best Seller list for hardcover nonfiction.[4]
[edit] References
- ^ Random House Author Spotlight: Lawrence G. McDonald Retrieved October 5, 2009
- ^ "Paulson's Decision Cost Lehman, Then the World" Retrieved October 5, 2009
- ^ "An Appreciation: Lawrence G. McDonald on the Fall of Lehman Brothers" Retrieved October 5, 2009
- ^ New York Times bestseller list: Hardcover Nonfiction Retrieved October 5, 2009
[edit] External links
- Excerpt from A Colossal Failure of Common Sense at NYTimes.com
- Official website for Pangea Capital Management LP
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