Daily Archives: October 12, 2012

John Gapper

The coverage of Adair Turner’s Mansion House speech has rightly focused on his radical ideas for jolting the UK back to growth. But it has also added cheekily to the canon of musical metaphors about the financial crisis:

Remember Chuck Prince of Citigroup, and his comment to the FT in 2007, just before it all went bad?

“When the music stops, in terms of liquidity, things will be complicated. But as long as the music is playing, you’ve got to get up and dance. We’re still dancing.”

 Read more