Principles of management
Write an essay about the management role in the collapse of Lehman Brothers Investment Bank in 2008.
Be sure to cover the following topics:
Corporate governance especially CEO Richard Fuld’s role
The accountants’ (Ernst & Young) role
Rules & Regulations
Government Intervention (or lack of)
Management styles within the company (did this contribute to the collapse?)
Conclusion: Result and fallout of the collapse and what were the wrong decisions taken by management
This is for Management NOT finance so do not go into too much financial details.
In groups of 3 or 4 write an essay of at least 3,000 words.