Global financial crisis
The Jolly Contrarian’s Glossary
The snippy guide to financial services lingo.™
All David Bowie’s fault. He started this off by monetising his future royalties. Before you knew it, it was tranched CDO3 everywhere you looked, Morgan Stanley was on fire, the world was BURNING man and people were wandering round dazed and shell shocked and living under bridges in Manhattan in makeshift housing made out of Iron Mountain boxes.