Lawrence McDonald

Lawrence McDonald is a prominent figure in finance, serving as the Founder of The Bear Traps Report since 2010 and holding the position of Managing Director at ACG Analytics. With contributions as a CNBC Contributor, McDonald shares insights on multiple programs such as Trading Nation and Closing Bell, focusing on credit risk. McDonald is also a seasoned public speaker and global political policy strategist, delivering speeches on risk management and governance across 17 countries. An accomplished author, McDonald's book "A Colossal Failure of Common Sense" has sold over 650,000 copies in 12 languages. Previous roles include managing director positions at Société Générale, as well as trading at Lehman Brothers, and co-founding ConvertBond.com, later acquired by Morgan Stanley. McDonald earned a BA in Economics from the University of Massachusetts Dartmouth.