Investor relations institute bringing Lehman insider to Calgary

Author of NY Times bestseller tells tale of fraud and greed on Wall Street

CALGARY, April 27 /CNW/ - The Canadian Investor Relations Institute (CIRI), in partnership with CNW Group and communicatto, is pleased to announce Lawrence McDonald, author of NY Times bestseller "A Colossal Failure of Common Sense, the Inside Story of the Collapse of Lehman Brothers", will be in Calgary for one appearance only on June 3, 2010.

"The former vice-president of Distressed Debt and Convertible Securities at Lehman Brothers, Larry McDonald, is the first senior Wall Street trader ever to write such an exposé and we are thrilled he is coming to Calgary to share his story" said Rhonda Bennetto, President of CIRI Alberta. "Larry is the only man from inside Wall Street available to speak candidly on financial reform, ethics and the politics of the derivative markets."

Direct from the heart of Lehman Brothers, the bank that smashed the world economy, comes an incredible blow-the-lid-off account of the greed, the misjudgments and the dreadful stupidity of men who should have known better, revealed by a man who was there, the eyewitness, Larry McDonald.

McDonald will talk about the calamitous downfall of Lehman Brothers, the biggest bankruptcy in US history, and the tipping point that pushed the world into financial crisis.

"Personally, I have been saying for months on my global lecture tour we have a deadly, dysfunctional government when it comes to regulating our financial institutions. I thought it was bad, but not this bad. This is horrific." states Mr. McDonald. "If you really look into this financial crisis, it's very clear that Hank Paulson was the quarterback, Tim Geithner was the wide-receiver, and Chris Cox, I think, might have been out in left field."

Lawrence McDonald is playing an active advisory role with the American House Financial Services Committee, the Financial Crisis Inquiry Commission, and commentates regularly on national television when former Wall Street titans face the hammer on Capital Hill.

"This is definitely the business event you don't want to miss" noted Ms. Bennetto. "CIRI is proud to team up with CNW and communicatto to showcase such an engaging speaker. Given the recent fraud charges against Goldman Sachs and the reforms that are imminent in the banking industry, the timing couldn't be better."

Mr. McDonald will be featured today, April 27, on Business News Network's "Squeeze Play". From BNN's website: "Some fear that if the U.S. doesn't do something right now to fix the regulatory framework for the financial services industry, the next crisis will most certainly bankrupt America. BNN interviews Lawrence McDonald."

To see Mr. McDonald's other media appearances or to register go to

Register now - seating is limited and will go fast.

For further information: Rhonda Bennetto, President CIRI Alberta, 403-233-6506

Media inquiries:

Doug Lacombe, President, communicatto, 403.474.4251

About CIRI

CIRI is a professional, not-for-profit association of executives responsible for communication between public corporations, investors and the financial community. CIRI is dedicated to advancing the stature and credibility of the investor relations profession and the competency of its members. Visit for more information.

For further information: Rhonda Bennetto, President CIRI Alberta, 403-233-6506

About communicatto

communicatto is a social media, digital marketing, public relations, and investor relations agency helping companies integrate new and old media. More information on communicatto can be found at

Doug Lacombe, President, communicatto, 403.474.4251

About CNW

CNW is celebrating 50 years of connecting organizations to relevant news and information consumers. Established in 1960, CNW is more than just a newswire service, offering communications and disclosure services designed to help clients work more efficiently and meet their objectives.

For further information: Amanda Laird, Communications Specialist, CNW Group, (416) 863-5601,

SOURCE Canadian Investor Relations Institute (CIRI Alberta)

For further information: For further information: Doug Lacombe, President, communicatto, (403) 474-4251,

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Canadian Investor Relations Institute (CIRI Alberta)

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