Tag: UK

Nov 23

WILL THE BANKS EVER LEARN? by CAMERON DUODU

Yesterday it was the mighty USA. Then Great Britain. Financial institutions in these countries, which everyone had assumed were as solid as the oaken doors that keep intruders out of their premises, were suddenly flailing. The hydra-headed octopus of a financial leviathan, AIG needed a cash transfusion from Uncle Sam. Lehman Brothers folded. The ageless …

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