Real Money Was Made in This Crisis, but It Was Not On Tv

Summary


SHARE bloodbath after panic selling," rang the headline.

The point of headlines is to keep you reading, so this one served its purpose. But as an explanation of what occurred last Friday when the FTSE 100 lost 333 points ([pounds]80 billion if you prefer), it isn't telling you much.

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Real Money Was Made in This Crisis, but It Was Not On Tv

In readiness for a day of carnage, Sky News and the BBC set up shop inside City dealing houses. If the TV producers were hoping ...

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