PDF Reading The Last of the Imperious Rich: Lehman Brothers, 1844-2008 English 159184309X PDF
The Last of the Imperious Rich: Lehman Brothers, 1844-2008
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 decades-from 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, Macy's, 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, Lehman's increased focus on short-term 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.
Product details
- Hardcover : 199 pages
- Title : The Last of the Imperious Rich: Lehman Brothers, 1844-2008
- Language : English
- ISBN-10 : 159184309X
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The Last of the Imperious Rich: Lehman Brothers, 1844 2008
The Last of the Imperious Rich book. Read 8 reviews from the world's largest community for readers. Chapman weaves a fascinating story framed in the his...
The Last of the Imperious Rich by Peter Chapman
About The Last of the Imperious Rich 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.
The Last of the Imperious Rich: Lehman Brothers, 1844 2008
"The Last of the Imperious Rich is a gripping financial history. Peter Chapman has connected the dots from the unlikely beginnings of Henry Lehman in antebellum Alabama to the adventures of Bobbie Lehman on Wall Street to the domineering, and ultimately destructive, rule by Dick Fuld.
The Last of the Imperious Rich: Lehman Brothers, 1844 2008
The Last of the Imperious Rich. : 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...
The Last of the Imperious Rich eBook by Peter Chapman
Read "The Last of the Imperious Rich Lehman Brothers, 1844 2008" by Peter Chapman available from Rakuten Kobo. On September 11, 1844, Henry Lehman arrived in New York City on a boat from Germany. Soon after, he moved to Montgomery,...
The Last of the Imperious Rich: Lehman Brothers, 1844 2008
Booklist "The Last of the Imperious Rich is an excellent, fast paced account of the rise and fall of Lehman Brothers. Peter Chapman captures the firm's high and low moments with admirable clarity, especially the hubris that led to its ultimate demise.
The Last of the Imperious Rich: Lehman Brothers, 1844 2008
Booklist "The Last of the Imperious Rich is an excellent, fast paced account of the rise and fall of Lehman Brothers. Peter Chapman captures the firm's high and low moments with admirable clarity, especially the hubris that led to its ultimate demise. A valuable addition to Wall Street history."
The Last of the Imperious Rich: Lehman Brothers, 1844 2008
Buy The Last of the Imperious Rich: Lehman Brothers, 1844 2008 by Chapman, Peter (ISBN: 9781591843092) from 's Book Store. Everyday low prices and free delivery on eligible orders.
The Last of the Imperious Rich Canadian Business
THE LAST OF THE IMPERIOUS RICH: Lehman Brothers, 1844 2008 (Portfolio Penguin) Peter Chapman. This April, some of the very last holdings of Lehman Bros.—the Ritz Carlton Kapalua hotel in Hawaii, a luxury ski resort in Montana, and a Manhattan boutique hotel, among others—are expected to be sold off, bringing the storied investment house out of Chapter 11 bankruptcy protection and a step ...
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