Written up before it all fell over.
Seems pretty good although it misses what actually did it in: but not the point that something would eventually.
Written up before it all fell over.
Seems pretty good although it misses what actually did it in: but not the point that something would eventually.
what did he get wrong/ he points out the shrinking reliance on deposits and the incrfeasing reliance on money-market funding doesn’t he? Plus the teaser deals, which involved offering strangely high deposit rates compared with other societies.