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

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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.

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