Posts by Anonymous

Anonymous

An ex-investment banker’s reflection on corporate governance failure at Lehman Brothers

Lehman’s internal board minutes show the bank’s leadership failing to grasp the situation as ‘quantifiable risk’ turned into genuine uncertainty The author has asked for their identity to be withheld  I’d been working in investment banking in the United States, and more particularly in fixed income/asset backed-lending, for a number of years prior to the onset of the financial crisis. … Continue reading

20 September 2018 by Anonymous
Categories: SPERI Comment