Lehman Brothers a crisis of value

On September 12th 2008, Lehman Brothers was valued at 639 billion US dollars. On Monday 15th September, it was worth nothing. How could trillions of dollars seemingly melt into air? Lehman Brothers had a long and prestigious history, and certainly until the end of 2007 had appeared to be conducting...

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Detalles Bibliográficos
Otros Autores: McDonald, Oonagh, author (author), McDonald, Oonagh, contributor (contributor)
Formato: Libro electrónico
Idioma:Inglés
Publicado: Manchester, England : Manchester University Press 2016
2016
Colección:Open Access e-Books
Knowledge Unlatched
Materias:
Ver en Biblioteca Universitat Ramon Llull:https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009426579206719
Tabla de Contenidos:
  • 1. From cotton trader to investment banker: 1844-2008
  • 2. From hubris to nemesis: January to September 2008
  • 3. The fateful weekend
  • 4. Regulating the ‘Big Five’
  • 5. The largest bankruptcy in American history
  • 6. The destruction of value
  • 7. Lehman's valuation of its assets
  • 8. Measuring value
  • 9. Monitoring value
  • 10. Chasing a chimera?
  • Appendix 1. The Lehman Brothers Board of Directors in 2007
  • Appendix 2. The Lehman Brothers Corporate Structure.