The Magic Lever
Donald MacKenzie: How the Banks Do It, 9 May 2013
“... international capital requirements. At a private dinner in London in September 1986 with Robin Leigh-Pemberton, governor of the Bank of England, and three of his officials, Volcker found he had an ally. Margaret Thatcher’s ‘big bang’ reforms to the City of London were due to come into effect the following month, and the Bank felt the need to ... ”