Lehman Brothers

Discover the compelling narrative behind one of the most significant financial disasters in history with Lehman Brothers by Oonagh McDonald. Published by Manchester University Press in 2015, this hardback edition spans 288 pages of in-depth analysis and insightful commentary.

Drawing on extensive documentary evidence and interviews with former Lehman employees, McDonald meticulously uncovers the critical decisions that precipitated Lehman's dramatic collapse. She explores the government's refusal to provide a bail-out and delves into whether the full implications of this decision were understood at the time. Written in clear and accessible language, this book offers readers a thorough understanding of both the short and long-term effects of the financial crisis.

Perfect for those interested in bank failures and financial crises, Lehman Brothers is a must-read for anyone looking to grasp the complexities of this pivotal moment in economic history.