Mark Williams on His New Book: Exploring the Lessons of Lehman Brothers

in Finance, News, Video
June 7th, 2010

 

The Lessons of Lehman Brothers and How Systemic Risk Can Still Bring Down the World Financial System

This spring, a new book by Mark T. Williams hit shelves, titled Uncontrolled Risk: The Lessons of Lehman Brothers and How Systemic Risk Can Still Bring Down the World Financial System (McGraw Hill).  The book has been listed by radio personality Tom Keene as a title to watch on his Amazon list of “Books on Bloomberg Surveillance & Bloomberg on the Economy.”

Uncontrolled Risk: The Lessons of Lehman Brothers and How Systemic Risk Can Still Bring Down the World Financial SystemWilliams is on the faculty of Boston University School of Management’s Finance Department and a BU alumnus (MBA ’93).  He is also a former trading floor executive, Federal Reserve Bank examiner, and risk-management expert widely cited in the media.

 

The goal of the book is simple: The more we know why Lehman Brothers failed the more we can reduce the chance of such an event occurring again….What’s important here is not just what happened on Wall Street, but what did not happen in Washington. This is a story about failed policy.” – Mark Williams

Hear Williams discuss his new book here:

Related Video: Mark Williams Talks to Bloomberg about Washington’s Financial Crisis Inquiry Commission

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