Lawrence G. McDonald's Friends

View All

Gifts Received

Lawrence G. McDonald has not received any gifts yet

Give a Gift

Lawrence G. McDonald's Page

Profile Information

Something About Me and My Book:: Lawrence G. McDonald is Co-Author of A Colossal Failure of Common Sense, The Inside Story of the Collapse of Lehman Brothers. THE eagerly awaited Wall Street exposé . Written by a perfect combination of authors.
By Lawrence G McDonald, the hard-driving Lehman Brothers trading Vice President, and the #1 New York Times bestselling author Patrick Robinson, the man who wrote Lone Survivor for the Navy SEAL Marcus Luttrell.

Direct from the heart of Lehman Brothers, the bank that smashed the world economy. An incredible blow-the-lid-off account of the greed, the misjudgements, the dreadful stupidity of men who should have known better. Revealed by a man who was there, the eyewitness, Larry McDonald. Anyone, laymen or expert, can understand the crucible of a Wall Street trading floor. This is a black box of secrets. And now Larry McDonald rips the lid off.

At Lehman Brothers
From July 2004 through September 2008, Lawrence G. McDonald 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.

The Subprime Implosion

In early 2006, Lawrence was heralded by many for calling the subprime crisis and making over $46 million for the firm during its implosion. Mr. McDonald was highly regarded as one of the most consistently profitable traders at Lehman with over $83 million in trading profits during his time with the firm.

More interestingly, Lawrence McDonald was an integral part of a faction within Lehman Brothers that passionatley tried in vein to stop the firm from heading down the road to destruction. Likewise, he also worked closely with Lehman’s credit derivatives team and saw first-hand the design and construction of what Warren Buffet termed as “Wall Street’s financial weapons of mass destruction.”

Before Lehman Brothers
Lawrence G. McDonald is also Co-Founder of Convertbond.com, a website coined by Forbes Magazine as “Best of the Web” from 2000-2003, and was noted there as the world wide web’s premier source for convertible securities information, valuation and news.

In October 1999, before the dot-com crash, the site was successfully sold to Morgan Stanley and remains the property of the firm.

Website:: http://www.lawrencegmcdonald.com/

Lawrence G. McDonald's Blog

10 Insider Secrets - On Becoming a Published Author in 10 Months http://bit.ly/KlKgs

Posted on June 1, 2009 at 9:10am

Publisher speeds tell-all book by Lehman insider

Crown signs on a former executive at the failed investment bank to write an account of the firm’s road to ruin.

http://www.lawrencegmcdonald.com/?page_id=13

Posted on June 1, 2009 at 3:37am

Comment Wall (1 comment)

You need to be a member of The Book Marketing Network to add comments!

Join The Book Marketing Network

At 11:46pm on May 31, 2009, John Kremer said…: Welcome to the Book Marketing Network. Join in some discussions, post a blog or video, schedule an event, make some friends. I think you'll enjoy it here.

John Kremer, book marketing expert
http://www.bookmarket.com