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Greed and Glory on Wall Street: The Fall of the House of Lehman by Ken Auletta

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The ouster of Peterson was treated as a major news story, one in which Glucksman was usually depicted as a pirate. However, because the press release was relatively candid, there was little else the media could uncover. To probe Glucksman’s thirst for power, his psyche or Peterson’s surrender when the bottom-line numbers at Lehman glittered, and when Peterson had publicly praised Glucksman, would put the press in the uncomfortable position of an agitator seeming to foment trouble if it pursued the story more deeply. The prevailing attitude outside Lehman, and probably inside as well, was: Give the man time!

Pleased to be navigating Lehman alone, Glucksman moved swiftly to seize command. He brought to this task a sense of mission. Lew Glucksman ...

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