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Books > Business & Economics > Finance & accounting > Finance > Banking
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The Last of the Imperious Rich - Lehman Brothers, 1844-2008 (Paperback, New)
Loot Price: R586
Discovery Miles 5 860
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The Last of the Imperious Rich - Lehman Brothers, 1844-2008 (Paperback, New)
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List price R617
Loot Price R586
Discovery Miles 5 860
You Save R31 (5%)
Expected to ship within 10 - 15 working days
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In 1844 Henry Lehman arrived in the United States from Germany and,
with his brother Emanuel, established a modest cotton brokering
firm that would come to be called Lehman Brothers. In 2008 Dick
Fuld, the last CEO of Lehman Brothers, filed for corporate
bankruptcy amid one of the worst financial crises in American
history. After 164 years one of the largest and most respected
investment banks in the world was gone, leaving everyone wondering,
'How could this have happened?' Peter Chapman answers this question
by examining the history of Lehman from its humble beginnings to
its dramatic exit. He offers a sweeping narrative as well as a
clear perspective on exactly what caused Lehman to fail. He also
paints an intimate portrait of the people who ran it, including
Bobbie Lehman, who in the 1920s led the company into the world of
radio, motion pictures, and air travel. Chapman shows that, despite
its inglorious end, Lehman not only helped shape the face of
American finance, but also American life.
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