Cityphobia
John Lanchester: The Crash, 23 October 2008
“... Byron wrote that ‘I think it great affectation not to quote oneself.’ On that basis, I’d like to quote what I wrote in a piece about the City of London, in the aftermath of the Northern Rock fiasco: ‘If our laws are not extended to control the new kinds of super-powerful, super-complex and potentially super-risky investment vehicles, they will one day cause a financial disaster of global-systemic proportions ... ”