Tectonic Shifts in Financial Markets

More about the book

The narrative offers an insider's perspective on the collapse of Lehman Brothers, highlighting the pivotal role of the Federal Reserve's failures in exacerbating the crisis. Kaufman critiques the Dodd-Frank Act for merely sanctioning the too-big-to-fail issue instead of implementing meaningful reforms. Through his experiences on the board, he provides insight into the financial industry's dynamics and the missed chances for significant change during a critical period in economic history.