China’s $1.7 trillion hangover

China’s $1.7 trillion hangover

Up to 40% of China’s $1.7 trillion LGFV loans are at high risk of default. What’s a panicking Beijing to do?

The money network:

The money network:

Why crowdfunding threatens traditional bank lending

April 1998

Andre Lee - First start in investment banking



Peregrine's last days, by Andre Lee Early life Pioneering the Asian bond business Leaving Lehman Building the business at Peregrine The politics of Peregrine The approach of the Asian financial crisis When did you get into investment banking? By 1988 I was really debating with myself as to whether or not I should go and get an MBA, as many of my friends were doing, or strike out on a completely new path. One area that began to interest me was finance because it seemed to encompass a survey of all things: politics, social culture, demographics, markets. So I tried to get into a few Wall Street firms at that time but I didn't have an MBA and I didn't have any experience. It wasn't easy. So I responded to an ad in the paper from Shearson Lehman Hutton for financial consultants. I went for interviews and was accepted and...


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