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Never glad confident morning again? Fears for finance as investment banks implode

By Peter Thal Larsen and Francesco Guerrera

Published: September 26 2008 22:20 | Last updated: September 26 2008 22:20

woman on phoneGetty

Investment bankers are not generally lost for words. But as they surveyed the battered landscape of their industry this week, many were struggling to sum up the damage the latest financial storm has inflicted. In less than a fortnight, a business that emerged from the wreckage of the Great Depression to become the dominant force in financial markets has changed beyond recognition.

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