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“The last of the imperious rich is an excellent, fast-paced account of the rise and fall of Lehman brothers. Peter Chapman captures the firm’s high and low moments with admirable clarity, especially the hubris that led to its ultimate demise. A valuable addition to wall street history.”
“The last of the Imperious rich is a gripping financial history. Peter Chapman has connected the dots from the unlikely beginnings of Henry Lehman in antebellum Alabama to the adventures of Bobbie Lehman on Wall Street to the domineering, and ultimately destructive, rule by Dick Fuld. Chapman’s story is an object lesson in the dangers of aggressive short-term thinking in finance. Lehman’s journey from helping companies like Campbell soup to perpetrating modern financial schemes is a parable of how the markets went wrong.”
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