CITY VIEWS: WHERE WERE YOU WHEN LEHMAN WENT UNDER?
NGUS MACLENNAN ANGMAC LTD
“I was caught up in the middle of the banking crisis when it happened, working for a bank. Since then, the pace of City life has certainly slowed down. That’s not necessarily a bad thing, though.
It was somewhat overheated before Lehman fell.”
G BERTOLA AVIVA INSURANCE UNDERWRITER
“I was on holiday at the time, and came back to a huge shock. It has affected everyone, but I don’t think I realised the magnitude of the situation at the time.
It will be years before things return to normal – if at all. It was a catalyst for the entire crisis.”
RICHARD HILL EAST MIDLANDS CONSULTING LTD
“I was on a beach in Morocco when Lehman fell, and was informed by email.
I’ve not been hit directly by its demise, but it was a massive event. It has opened people’s eyes to the issue of regulation. It wasn’t the first to go – but it was the highest profile.”
OWEN FRANKISH EQUITY DEALER
“I can’t actually remember exactly where I was when I was told, but I was working in the City. The collapse hasn’t affected me directly – I’m still employed – but there is certainly less faith in the market. Things are much quieter.”