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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. The Final Twist Audiobook The Final Twist
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  2. The Bomber Mafia: A Dream, a Temptation, and the Longest Night of the Second World War Audiobook The Bomber Mafia: A Dream, a Temptation, and the Longest Night of the Second World War
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  3. Soundtracks: The Surprising Solution to Overthinking Audiobook Soundtracks: The Surprising Solution to Overthinking
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  4. Win at Work and Succeed at Life: 5 Principles to Free Yourself from the Cult of Overwork Audiobook Win at Work and Succeed at Life: 5 Principles to Free Yourself from the Cult of Overwork
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  5. Left You Dead Audiobook Left You Dead
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  6. Protector: The epic new adventure through the battlefields of ancient Greece Audiobook Protector: The epic new adventure through the battlefields of ancient Greece
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  7. Because of You: The instant Sunday Times bestseller 2020 Audiobook Because of You: The instant Sunday Times bestseller 2020
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  8. The Wife Who Got a Life Audiobook The Wife Who Got a Life
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  9. Covet Audiobook Covet
    9
  10. The Power of Geography: Ten Maps That Reveal the Future of Our World Audiobook The Power of Geography: Ten Maps That Reveal the Future of Our World
    10
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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.

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