Martin Vander Weyer Martin Vander Weyer

Reasons to be cheerful amid financial apocalypse

The interconnectedness and velocity of modern markets make this crash unique, says Martin Vander Weyer. But all is not lost yet: this is a time for cool heads and open minds

issue 20 September 2008

On Monday afternoon I rang a Wall Street friend who used to work at Lehman Brothers. ‘What’s the mood?’ I asked him. ‘Do you think this is the turning point?’

‘Hold on a moment,’ he replied. ‘Let me just climb back in off the window ledge.’ There was a pause, then a nervous chuckle.

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