Lawrence McDonald
- Financial and Economic Expert
- Best-Selling Author of "A Colossal Failure of Common Sense"
One of the great risk managers, bond traders and business experts today, Larry McDonald is the only man from the inside of Wall Street who is permitted to speak about the disaster of Lehman Brothers. On the front-line of financial reform, Larry McDonald has written a book on the fall of Lehman Brothers, with Patrick...
read the restOne of the great risk managers, bond traders and business experts today, Larry McDonald is the only man from the inside of Wall Street who is permitted to speak about the disaster of Lehman Brothers. On the front-line of financial reform, Larry McDonald has written a book on the fall of Lehman Brothers, with Patrick Robinson, the #1 New York Times best selling author of Lone Survivor. A Colossal Failure of Common Sense – the Inside Story of the Collapse of Lehman Brothers (Random House 2009) hit the New York Times bestseller list in its first week. It is now one of the bestselling business books in the world, translated into 12 different languages. Larry is President and Founder of McDonald Advisory Group is an asset management firm, specializing in Washington, DC policy research and trading, based in New York City.
Larry has been a guest and or contributor on CNBC, MSNBC, the New York Times, Fortune, CNN, CCTV China, France 24, BBC World, BBC America, Barron’s, Channel 4 News London, Bloomberg TV, Fox TV, Fox Radio, CBS, PBS Frontline and NewsHour with Jim Lehrer, CBC News Canada, Business Week, The Economist, Die Zeit Germany, Tokyo TV, the Financial Times, Time Magazine, NPR, and the New York Post.
From July 2004 through September 2008, Larry was a Vice President of Distressed Debt and Convertible Securities Trading at Lehman Brothers. He ran an extremely successful joint venture between the firm’s fixed income and equity divisions. He was the most profitable trader on the convertible securities department 2006 and 2007.
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