Black Horse Ride [electronic resource] : The Inside Story of Lloyds and the Banking Crisis
Fallon, Ivan2015
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In September 2008, HBOS, with assets larger than Britain’s GDP, was on the edge of bankruptcy. Its collapse would have created the biggest economic crisis since the 1930s and a major political disaster for the Labour government. With the help and support of Gordon Brown, HBOS was rescued by Lloyds TSB, one of the country’s strongest banks, in circumstances that have since become the stuff of City legend.In the highly acclaimed Black Horse Ride, veteran financial journalist Ivan Fallon brings together the accounts of all the power players involved in this dramatic saga for the first time, including the key roles played by the Governor of the Bank of England, the Prime Minister and the Treasury.Through a compelling cast of prominent bankers, politicians and investors, Fallon reveals what really occurred in the aftermath of the crash of Lehman Brothers, perhaps the worst single day in banking history.
Main title:
Author:
Imprint:
[Place of publication not identified] : The Robson Press, 2015
Collation:
1 online resource (1 text file)
ISBN:
9781849549448
Language:
English
BRN:
2756792