Meltdown
Lehman Brothers, 15 September 2008: “I stumble aboard the train. As it speeds through Maryland, I try to follow the news via guerrilla log-ons to wi-fi as we pass through stations: Baltimore, Philadelphia, Newark. The Susquehanna river flashes past, shimmering in the dawn. The herons, gliding low across the water, were here long before investment banks. What nobody on earth has yet realized is that, within seven days, there will still be herons – but no more investment banks.”