The flaws of a powerful bank exposed
The Bank: Inside the Bank of England. By Dan Conaghan, Biteback Publishing, €24.
The Bank: Inside the Bank of England
In March 2009, Britain's Queen Elizabeth felt obliged to do something she had never done before. She summoned the Governor of the Bank of England to Buckingham Palace for a private interview. We don't know exactly what passed between herself and Mervyn King, but it seems a safe bet that she repeated her question about the global credit crunch from a recent visit to the London School of...
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