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Lehman Book, "The Murder of Lehman" praised in Huffington Post

November 18, 2009

Huffington Blogger, David Fiderer posting on Zuckernman's John Paulson book included commentary singling out Murder of Lehman for its greater candor than most financial crisis & related books/accounts




FOR IMMEDIATE RELEASE
(Free-Press-Release.com) November 18, 2009 -- Tenured Huffington blogger, David Fiderer, in a post on the new Zuckerman book entitled, "The Moral Compass Missing From The Greatest Trade Ever" commented:

"The Greatest Trade Ever doesn’t dwell on the legal and moral implications of Paulson’s collaboration with the investment banks."

Fiderer also noted that"...part of the story that no one was talking about was an open secret: Everyone knew that subprime lenders aided and abetted mortgage fraud."

Then turning to Tibman's book Fiderer noted:

"To my knowledge, THE ONLY INVESTMENT BANKER WHO WROTE CANDIDLY ABOUT THE SUBJECT WAS JOSEPH TIBMAN... in "THE MURDER OF LEHMAN BROTHERS, AN INSIDER'S LOOK AT THE GLOBAL MELTDOWN.." Tibman...recounted how in 2000, Lehman was tainted because of its financing arrangements with a sleazy subprime lender called First Alliance."

Fiderer ends his article commenting: "Tibman believes that as much as anything, what killed Lehman was Fuld's emasculation of the risk management function, which served as a moral compass."

(To read Fiderer's complete post cut and paste: http://urlPass.com/4fhr)

Tibman said he was pleased to be recognized for his candor and pointed out that a number of reviews of his book have highlighted the determined bluntness and honesty of his book.

Examples include:

"Given that so much greed (and irrationality) often abounds on Wall Street, the fact that Tibman's work takes aim at this is laudable." --Seeking Alpha

"Joe" doesn't pull any punches with his mea culpas about "drinking the Kool-Aid," "rationalizing away risks...of delusional financiers." -- Capital Gains and Games.

"...much of what he has written appears sincere and genuine, written with a welcome bluntness and honesty." --Civilian Reader (UK)

The Murder of Lehman Brothers has received all highly positive reviews from a range of diverse media outlets that include: The Deal Magazine, Seeking Alpha, The London Review of Books, Book Pleasures, and others.

Tibman has posted links to all the professional reviews on his blog at http://lehmanbook.blogspot.com


free-press-release.com Fiderer     financial crisis     Greatest Trade     lehman book     Murder Lehman     review     subprime     tibman     Zuckerman

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