And few are bigger than the American Lehman Brothers Bank. The fourth biggest investment bank in the world has collapsed and is filing for bankruptcy – this will result in the loss of 25,000 jobs worldwide with 4000 of them being in London. The knock-on effects have most recently been the FTSE plummeting by 200 points [...]
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15
Sep
The bigger they are the harder they fall…
Posted by Mum Published in Bank accounts, Finance UK, Finance USno comment
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