ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

A+| A| A-

To Protect the Small Investor

The economic squeeze in Britain has triggered off the collapse of a number of investment banks which have attracted millions of pounds from unsuspecting investors who thought that their savings would be as safe as in an ordinary bank. In less than three months three such large banks have closed their doors to the public, saying that they are unable to meet their debts.

A total of over £20 million of public money is involved.

 

The economic squeeze in Britain has triggered off the collapse of a number of investment banks which have attracted millions of pounds from unsuspecting investors who thought that their savings would be as safe as in an ordinary bank. In less than three months three such large banks have closed their doors to the public, saying that they are unable to meet their debts.

Dear reader,

To continue reading, become a subscriber.

Explore our attractive subscription offers.

Click here

Comments

(-) Hide

EPW looks forward to your comments. Please note that comments are moderated as per our comments policy. They may take some time to appear. A comment, if suitable, may be selected for publication in the Letters pages of EPW.

Back to Top