Title
The Last Of The Imperious Rich: Lehman Brothers, 18442008,New
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On September 11, 1844, Henry Lehman Arrived In New York City On A Boat From Germany. Soon After, He Moved To Montgomery, Alabama, Where He And His Brother Emanuel Established A Modest Cotton Brokering Firm That Would Come To Be Called Lehman Brothers.On September 15, 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, An Editor And Writer For The Financial Times, Answers This Question By Exploring The Complete History Of Lehman Brothers Between Those Two Historic Septembers. He Takes Us Back To Its Early Days As A Cotton Broker In Alabama, And Then To Its Glory Days As One Of The Leading Corporate Financiers In America. He Also Provides An Intimate Portrait Of The People Who Ran Lehman Over The Decadesfrom Henry Lehman, The Founder, To Bobbie Lehman, Who Led The Company Into The World Of Radio, Motion Pictures, And Air Travel In First Part Of The 20Th Century, To Dick Fuld, Who Allowed It To Morph Into A Dealer Of Shoddy Securities.Throughout His Account Of This Imperiously Rich Firm, Chapman Examines The Impact Lehman Brothers Had Not Only On American Finance But Also On American Life. As A Major Backer Of Companies Like Pan American Airlines, Macys, And Rko, Lehman Helped Lead The Country Into Major New Industries And Helped Support Some Of Its Most Intrepid Entrepreneurs.He Then Shows How, Starting In The 1980S, Lehmans Increased Focus On Shortterm Gain Investments Led The Firm Down The Dangerous Path That Would Eventually Lead To Its Demise.In The End, The Story Of Lehman Brothers Is Not Only The Story Of A Truly Important American Company But A Cautionary Tale Of What Happens When Leaders Lose Sight Of Their Core Mission In Their Quest For Something Too Good To Be True.
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- Q: How many pages does the book have? A: The book has three hundred twenty pages. This length provides a thorough exploration of Lehman Brothers' history.
- Q: What is the binding type of the book? A: The book is hardcover. This binding offers durability and a premium feel.
- Q: What are the dimensions of the book? A: The book measures six point twenty-six inches in length, one point twenty-six inches in width, and ten inches in height. These dimensions make it convenient for reading.
- Q: Who is the author of this book? A: The author is Peter Chapman. He is known for his insightful analysis in financial journalism.
- Q: What genre does this book belong to? A: The book belongs to the Company Profiles genre. It focuses on the history and impact of Lehman Brothers.
- Q: Is this book suitable for beginners in finance? A: Yes, it is suitable for beginners. The narrative style makes complex financial concepts accessible.
- Q: How can I apply the lessons from this book? A: You can apply the lessons by understanding the historical context of financial decisions. This insight can guide current investments.
- Q: What age group is this book recommended for? A: The book is recommended for adults and older teenagers. It covers complex themes related to finance and history.
- Q: Do I need any prior knowledge to understand this book? A: No, prior knowledge is not required. The author explains historical events in a clear and engaging manner.
- Q: How should I store this book? A: Store the book upright on a shelf. This helps maintain its shape and prevents damage to the binding.
- Q: Is this book safe for young readers? A: No, it is not specifically aimed at young readers. It includes themes of corporate finance that may not be suitable.
- Q: Can I return this book if I don't like it? A: Yes, most retailers have a return policy. Check with the specific seller for their return conditions.
- Q: What if the book arrives damaged? A: You should contact the seller immediately. They typically provide options for returns or exchanges for damaged items.
- Q: What if I have questions while reading? A: You can refer to supplementary resources online. Many financial websites offer insights that complement the book's content.
- Q: Is there an eBook version of this title? A: Yes, an eBook version is often available. Check major online retailers for digital formats.
- Q: How do I keep the book in good condition? A: Keep the book away from direct sunlight and moisture. This will help preserve its pages and binding.