Banks

This morning I turned from newspaper accounts of the collapse of Lehman Brothers to Galsworthy’s Swan Song.

A slight reverie on banking was no uncommon affection of the mind in one who could recall the repercussion of “Understart and Darnett’s” failure, and the disappearance one by one of all the little, old Banks with legendary names. These great modern affairs were good for credit and bad for novelists—run on a Bank—there had been no better reading! Such monster concerns couldn’t ‘go broke,’ no matter what their clients did…

Those were the days…

One Comment

  1. Andy Frayn
    Posted September 18, 2008 at 11:20 am | Permalink

    Good old R.H. Mottram is the name to turn to on the matter of banking… his _History of Financial Speculation_ may provide some useful insights!


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