Whilst the global financial crisis has been written about by many authors, this book traces the pattern of crises that have impacted the US investment banking industry to disclose how the banking culture was established at the birth of the United States and culminated in the crisis. The culture, behaviour of individuals, and regulatory bodies all played a part. The book explores the humble beginnings of the once-respected firm of Lehman Brothers. It also provides an example of how the mighty have fallen and offers the industry a cautionary tale.
Exploring questions such as ‘What is the nature of leadership?’ and ‘What is entrepreneurship?’, this book is for the next generation of leaders in business, industry and society, for whom it is important to understand the principles which help society function best.
