Thursday, 18 September 2008
Luke, a member of the Lehmann family, has put me right on the subject of Lehman Brothers, the investment bank: 'they really really have nothing to do with us, as they spell their name with only one 'n' at the end!!' It all goes to show I listen to Radio 5 Live too much - which although its presenters are very good and quite diverting doesn't tell you how to spell. So apologies all round. Another thing I wonder about with 24-hour news and the newshounds' propensity for gloom is whether the contagion of fear in the markets would be so rampant without it. However I suppose we had bubbles and crashes before the communication revolution. Greed and fear are not new!