John Coates, a former Goldman Sachs and Deutsche Bank trader turned neuroscientist, documents his stunning research on brain chemicals in his new book, The Hour Between Dog and Wolf: Risk Taking, Gut Feelings and the Biology of Boom and Bust.
Lehman, in case your brain has blurred that traumatic memory, collapsed because its executives like Dick Fuld and COO Joe Gregory thought the bank was invincible from any real damage and bet the house accordingly.