In this session,  Larry McDonald, Author of A Colossal Failure will share some of his experiences during the collapse of Lehman and how the signs leading up to the Lehman collapse can help you avoid major losses. In the wake of the credit crisis risk management has gained an increasing role in portfolio management. Larry has created the “Lehman 21 Systemic Risk Indicators” to gauge the health of any market and to detect those early warning signs that may lead to increased market risk. His list of macro and micro indicators are important tools to utilize as tactical risk management tools as well as signals to watch for to avoid the next 20% + drop in the markets. Larry employs this analysis in his weekly newsletter Bear Traps.”