BBC guest editor Mervyn King was governor of the Bank of England when the global economic crisis hit in 2008. Across the Atlantic his opposite number was Ben Bernanke, chairman of the Federal Reserve when Lehman Brothers went down in September of that year.
He stood down this year after 8 years and Mervyn King sat down with him in Washington to reflect.
On remaining calm during the midst of the crisis, Ben told Today: ‘if you’re ever in a car accident you’re solely focused on regaining control of the wheel and it’s only when the car stops spinning that you say oh my god that was really scary.’
Canyon Distressed Opportunity Fund likes the backdrop for credit
The Canyon Distressed Opportunity Fund III held its final closing on Jan. 1 with total commitments of $1.46 billion, calling half of its capital commitments so far. Canyon has about $26 billion in assets under management now. Q4 2020 hedge fund letters, conferences and more Positive backdrop for credit funds In their fourth-quarter letter to Read More
First broadcast on the Today programme 29th December 2014