Saturday, Sep 15, 2007
One for the history books
Independent: Credit crisis: Meltdown!
In the past 100 years, the rollercoaster ride that is the world of high finance has seen some spectacular lows. Sean O'Grady looks back at four episodes that not only came to define their times but also served as lessons for the future
Posted by planning4acrash @ 09:14 AM (291 views) Add Comment
2 Comments
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1. Cheekie Charlie said...
Its a shame Gordon(no more boom and bust)Brown didn't learn from past mistakes! How can a few people on a website foresee these problems from years out and he just continued with his popularist policies. The MPC has been set up purely for him to manipulate policy.
2. Alan said...
Hardly surprising. Look at the share price. £11 early June down to just over £8 late June. Obviously the top guys told their mates to get their cash out ASAP. The depositors only realised the problems yesterday........ !