|
|
Article: Invested Interest.
- Article from:
- Daily Post (Liverpool, England)
- Article date:
- September 23, 2009
CopyrightCOPYRIGHT 2009 MGN Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Byline: Nigel Speirs Buckles
This week saw the anniversary of the collapse of Lehman Brothers. September last year was a period of great anxiety as the large American Investment Bank collapsed into bankruptcy, effectively signalling the collapse of the pack of cards.
Within days it looked like AIG, the one time third largest company in the world would follow Lehman.
Here, HBOS also looked to be in considerable trouble.
Fear became the main emotion as suddenly all the institutions we had put our trust in looked vulnerable.
I can recall anxiety concerning our clients' investments. What was safe? Who could you trust? A year on, ...