The horrific events of 11 September are likely to change the way the City operates
There are already signs that the terrorist attack on the World Trade Center in New York last week has led to a new economic order as well as a changed political climate. In a crowded train on the Underground in London, someone was heard to criticise City traders for thinking only about 'the market' and not the human devastation and cost. A City worker rounded on the speaker. 'What's the market? Do you think it is just numbers? We are the market.' The global financial community is in shock but has already demonstrated astonishing resilience. More than any other world capital, London is t...
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