My current favorite book about the global financial meltdown, aka great recession, The Sellout , by Charles Gasparino , featured vivid portraits of the bad leadership that lead to the collapse. For example:
Richard S Fuld, Jr , former CEO of Lehman Brothers (now bankrupt) -
Fuld had become more isolated and arrogant .
(p.208)As the firm's leverage increased, Fuld's grip on his management and board grew. He was revered by so many people in his...
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