|
Books > Business & Economics > Finance & accounting > Finance > Banking
|
Buy Now
The Organized Criminal Activities of the Bank of Credit and Commerce International: Essays and Documentation - In memoriam David Whitby (Hardcover, Reprinted from CRIME, LAW AND SOCIAL CHANGE, 35:1-2, 2001)
Loot Price: R3,213
Discovery Miles 32 130
You Save: R383
(11%)
|
|
|
The Organized Criminal Activities of the Bank of Credit and Commerce International: Essays and Documentation - In memoriam David Whitby (Hardcover, Reprinted from CRIME, LAW AND SOCIAL CHANGE, 35:1-2, 2001)
Expected to ship within 12 - 17 working days
|
face. As myoid boss when I joined the discout market - who had
worked as a "bond-salesman" on Wall Street during the "Great Crash"
of 1929, through the Credit Anstalt crash, and served in British
military intelligence during the Second World War - always used to
say: "Remember The telephone is not a secure instrument. " During
the 1960s, foreign banks had flooded into London in pursuit of
Eurodollar deposits. Arabs were spending their new found oil wealth
in West End casinos. Ex change Control regulations were tight. In
1971, when our story begins, new "banks" on the fringe took
advantage of the property boom, fuelled by Tory Chancellor Barber's
first Budget. The discount houses (whose functions and special
privileges at the Bank were soon arcane) became active traders in
US dollar and foreign currency paper, and took stakes in the new
money brokers (or "barrow boys," as the snobs called them, since
the sharpest brokers were mainly Cockney Eastenders). While the
"gentleman's club" was quickly being replaced by the fast growing
"interbank swaps" market (now LIFFE), the discount houses had found
a new role to pla- opening representative offices overseas (Gillett
Brothers, where I was then chairman, in Southern Africa, UAE,
Australia and Singapore, with brokering subsidiaries in Europe, Far
East, and North America) - gathering market intelligence around the
world, as the invisible "eyes and ears" of the Bank of England."
General
Is the information for this product incomplete, wrong or inappropriate?
Let us know about it.
Does this product have an incorrect or missing image?
Send us a new image.
Is this product missing categories?
Add more categories.
Review This Product
No reviews yet - be the first to create one!
|
You might also like..
|
Welcome to Loot.co.za!
Sign in / Register |Wishlists & Gift Vouchers |Help | Advanced search
