Daily Archives: September 14, 2008

John Gapper

I have written a column for the FT on Monday on the collapse of Lehman Brothers. Here are the first few paragraphs:

In Greed and Glory on Wall Street, Ken Auletta’s book about the last time Lehman Brothers collapsed, in 1984, Richard Fuld appears as the fierce, proud, introverted head of bond trading. Even at the end, after internal feuding had brought the firm to a halt, he resisted the idea that it had to be sold.