Half of Britain’s Leading Bankers Fear a Major Crisis Soon

Written by Gary North on November 28, 2011

We remember the weekend collapse of Lehman Brothers’ investment bank in October 2008. A recent survey of Britain’s senior bankers reveals that over half of them fear a Lehman-like event in Europe. [Note: “City” refers to the banking section of London that exists as a separate legal jurisdiction. It is shorthand for “Wall Street.”] A […]

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