Larry McDonald

Larry McDonald was Vice President of Distressed Debt and Convertible Securities Trading at Lehman Brothers from 2004 to 2008. He ran an extremely successful joint venture between the firm’s fixed income and equity division. Larry was considered one of the most profitable traders, leading his team into betting against the subprime mortgage crisis, and up to the end he was an integral part within Lehman Brothers who tried in vain to prevent the firm from collapsing. At the height of the 2008 financial crisis, Mr. Lawrence McDonald wrote a book on the fall of Lehman Brothers, A Colossal Failure of Common Sense: The Inside Story of the Collapse of Lehman Brothers.

Larry’s skill set is unique. He has taken countless risks on the trading floor, and is a world-class European & Washington policy risk analyzer. As one of the leading risk managers and bond traders today, Larry is a frequent guest contributor on Bloomberg, CNBC, Forbes, MSN Money, Fox Business and the Huffington Post. Larry is a highly regarded political policy risk consultant to hedge funds, family offices, asset managers and high net worth investors. His 17 Lehman risk indicators help investors get in front of painful risk off trades in the global markets. Larry also serves as a special advisor to the Financial Crisis Inquiry Commission (FCIC), created by Congress in 2009 to investigate the causes, domestic and global, of the economic and financial crisis in the United States.

Additionally, Mr. McDonald has participated in three major financial crisis documentaries: Sony Pictures Academy Award winning documentary the Inside Job, BBC‘s The Love of Money and CBC’s House of Cards.

Video Archive Contributions
April 5, 2014
Lessons From the Past: What Are the 21 Lehman Systemic Risk Indicators Saying Now?
Presenter(s): Larry McDonald