LoveReading

Becoming a member of the LoveReading community is free.

No catches, no fine print just unadulterated book loving, with your favourite books saved to your own digital bookshelf.

New members get entered into our monthly draw to win £100 to spend in your local bookshop Plus lots lots more…

Find out more

Audiobooks by Laurence M. Ball

Browse audiobooks by Laurence M. Ball, listen to samples and when you're ready head over to Audiobooks.com where you can get 3 FREE audiobooks on us

LoveReading Top 10

  1. Too Much and Never Enough: How My Family Created the World's Most Dangerous Man Audiobook Too Much and Never Enough: How My Family Created the World's Most Dangerous Man
    1
  2. The Sin Eater Audiobook The Sin Eater
    2
  3. Stamped: Racism, Antiracism, and You: A Remix of the National Book Award-winning Stamped from the Be Audiobook Stamped: Racism, Antiracism, and You: A Remix of the National Book Award-winning Stamped from the Be
    3
  4. Near Dark: A Thriller Audiobook Near Dark: A Thriller
    4
  5. Coming Home to Island House Audiobook Coming Home to Island House
    5
  6. Outsider: A Novel of Suspense Audiobook Outsider: A Novel of Suspense
    6
  7. What You Wish For: A Novel Audiobook What You Wish For: A Novel
    7
  8. The Alchemist Audiobook The Alchemist
    8
  9. Relationship Goals: How to Win at Dating, Marriage, and Sex Audiobook Relationship Goals: How to Win at Dating, Marriage, and Sex
    9
  10. Tempt Me Audiobook Tempt Me
    10
Filter
The Fed and Lehman Brothers: Setting the Record Straight on a Financial Disaster Audiobook

The Fed and Lehman Brothers: Setting the Record Straight on a Financial Disaster

Author: Laurence M. Ball Narrator: David Colacci Release Date: March 2020

The bankruptcy of the investment bank Lehman Brothers was the pivotal event of the 2008 financial crisis and the Great Recession that followed. Ever since the bankruptcy, there has been heated debate about why the Federal Reserve did not rescue Lehman in the same way it rescued other financial institutions, such as Bear Stearns and AIG. The Fed's leaders from that time, especially former Chairman Ben Bernanke, have strongly asserted that they lacked the legal authority to save Lehman because it did not have adequate collateral for the loan it needed to survive. Based on a meticulous four-year study of the Lehman case, The Fed and Lehman Brothers debunks the official narrative of the crisis. It shows that in reality, the Fed could have rescued Lehman but officials chose not to because of political pressures and because they underestimated the damage that the bankruptcy would do to the economy. The compelling story of the Lehman collapse will interest anyone who cares about what caused the financial crisis, whether the leaders of the Federal Reserve have given accurate accounts of their actions, and how the Fed can prevent future financial disasters.

Show more