The Guardian -
20 Sep 2014 07:00

'Even if you know a bank is going to go bankrupt, the managers have to play out the act - and that's what they did' I was out of place at this meeting for a couple of reasons. I was in the wrong trousers, for a start: I had just taken all my work clothes the bankers' uniform of grey suits to the dry cleaner's, in the expectation that Lehman might soon collapse and I'd have to find another job. And this wasn't even my department: I was what they call a "structurer", advising instituti...
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