The Organized Criminal Activities of the Bank of Credit and Commerce International: Essays and Documentation

In memoriam David Whitby

Nonfiction, Social & Cultural Studies, Social Science, Crimes & Criminals, Criminology, Political Science
Cover of the book The Organized Criminal Activities of the Bank of Credit and Commerce International: Essays and Documentation by , Springer Netherlands
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: ISBN: 9789401734134
Publisher: Springer Netherlands Publication: April 17, 2013
Imprint: Springer Language: English
Author:
ISBN: 9789401734134
Publisher: Springer Netherlands
Publication: April 17, 2013
Imprint: Springer
Language: English

face. As myoid boss when I joined the discout market - who had worked as a "bond-salesman" on Wall Street during the "Great Crash" of 1929, through the Credit Anstalt crash, and served in British military intelligence during the Second World War - always used to say: "Remember! The telephone is not a secure instrument. " During the 1960s, foreign banks had flooded into London in pursuit of Eurodollar deposits. Arabs were spending their new found oil wealth in West End casinos. Ex­ change Control regulations were tight. In 1971, when our story begins, new "banks" on the fringe took advantage of the property boom, fuelled by Tory Chancellor Barber's first Budget. The discount houses (whose functions and special privileges at the Bank were soon arcane) became active traders in US dollar and foreign currency paper, and took stakes in the new money brokers (or "barrow boys," as the snobs called them, since the sharpest brokers were mainly Cockney Eastenders). While the "gentleman's club" was quickly being replaced by the fast growing "interbank swaps" market (now LIFFE), the discount houses had found a new role to pla- opening representative offices overseas (Gillett Brothers, where I was then chairman, in Southern Africa, UAE, Australia and Singapore, with brokering subsidiaries in Europe, Far East, and North America) - gathering market intelligence around the world, as the invisible "eyes and ears" of the Bank of England.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

face. As myoid boss when I joined the discout market - who had worked as a "bond-salesman" on Wall Street during the "Great Crash" of 1929, through the Credit Anstalt crash, and served in British military intelligence during the Second World War - always used to say: "Remember! The telephone is not a secure instrument. " During the 1960s, foreign banks had flooded into London in pursuit of Eurodollar deposits. Arabs were spending their new found oil wealth in West End casinos. Ex­ change Control regulations were tight. In 1971, when our story begins, new "banks" on the fringe took advantage of the property boom, fuelled by Tory Chancellor Barber's first Budget. The discount houses (whose functions and special privileges at the Bank were soon arcane) became active traders in US dollar and foreign currency paper, and took stakes in the new money brokers (or "barrow boys," as the snobs called them, since the sharpest brokers were mainly Cockney Eastenders). While the "gentleman's club" was quickly being replaced by the fast growing "interbank swaps" market (now LIFFE), the discount houses had found a new role to pla- opening representative offices overseas (Gillett Brothers, where I was then chairman, in Southern Africa, UAE, Australia and Singapore, with brokering subsidiaries in Europe, Far East, and North America) - gathering market intelligence around the world, as the invisible "eyes and ears" of the Bank of England.

More books from Springer Netherlands

Cover of the book Law and Reflexive Politics by
Cover of the book Functional and Structural Proteomics of Glycoproteins by
Cover of the book Prelude to War by
Cover of the book Edmund Husserl’s Theory of Meaning by
Cover of the book Learning at the Crossroads of Theory and Practice by
Cover of the book Earthquake Hazard and Seismic Risk Reduction by
Cover of the book Moral Beliefs and Moral Theory by
Cover of the book Developing a Virtue-Imbued Casuistry for Business Ethics by
Cover of the book Elective Mutism: A Handbook for Educators, Counsellors and Health Care Professionals by
Cover of the book Symmetry through the Eyes of a Chemist by
Cover of the book National Security and Human Health Implications of Climate Change by
Cover of the book Urban Growth Analysis and Remote Sensing by
Cover of the book Compact Modeling by
Cover of the book Pastors and Immigrants by
Cover of the book Earthquake Data in Engineering Seismology by
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy