Financial Times FT.com

Three years on, the markets are masters again

By Philip Stephens

Published: July 29 2010 21:39 | Last updated: July 29 2010 21:39

Ingram Pinn illustration

It has been three years since the roof started to fall in. And only a year and a bit since the more faint-hearted stocked their cellars with bottled water and canned food lest the financial crash presage a descent into anarchy. So what has happened since? Simple: not much. The markets (and the bankers) still rule.

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