The Anonymous Widower

NatWorst in the Observer

I’ve been trying to see, if I can find any reference to NatWest as NatWorst on the internet. I found this interesting article from the Observer from September 1999. This is the interesting bit and it isn’t about the bank.

Listen, very carefully…is that the sound of a Wall Street crash? The Dow Jones has slithered back like a rattlesnake on a slagheap: not so much irrational exuberance as ungainly correction. It’s how it always starts: a large rise, followed by a stuttering correction followed by a crash. Oh, and it always happens in October. Look at 1987; look at 1929. So then, five days to go until we can kiss our assets goodbye.

I wonder if the journalist who wrote this, realises now what he said.  So he was a few years early.

June 25, 2012 - Posted by AnonW | Finance, News | Banks