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Posts tagged credit crunch

Learning From History

Me, a mere two days ago:
When I watched the news about it on the day it was announced, the only thing I could think was “who in the world thought it was a sensible idea to have £3trillion of business locked up in a single interlinked pair of businesses?”
The BBC News site, reporting on the [...]

That Crisis

So the news from Lehman Brothers is a bit of a shocker, especially as I was reading the article saying that they were going to declare bankruptcy, and by the time I clicked back to the BBC News front page they *had* declared it.  That’s a lot of money they lost, and not a great [...]