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The Rise and Fall of The City of Money: A Financial History of Edinburgh with Ray Perman a financial history of the world

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A few months after posting record results a major Scottish bank goes bust, impoverishing many of its shareholders and depressing the whole economy. Is this 2008?

No it is 130 years earlier – and despite the similarities with the 21st century credit crunch, there are differences. One is the speed with which the authorities acted: in 1878 the whole board of directors was arrested, put on trial and sent to prison.

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Over ten years since the collapse of RBS and HBOS we are still waiting for the official report into the conduct of the directors. What can we learn from history?

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The Rise and Fall of The City of Money: A Financial History of Edinburgh with Ray Perman

The Rise and Fall of The City of Money: A Financial History of Edinburgh with Ray Perman

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The Rise and Fall of The City of Money: A Financial History of Edinburgh with Ray Perman
a financial history of the world
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