A year after Lehman Lord Lamont Worried About Complacency

A year after the fall of Lehman Brothers, Lord Norman Lamont, former UK Chancellor, is “worried about complacency because people are reacting as though this was a strong recovery rather than just the beginning of the end of the fallen output.” He said that the future of some banks is still unknown, and he “wouldn’t be surprised if some banks didn’t need to have more capital” either from the market or governments. Jim Rogers, CEO of Rogers Holdings, and Julian Pendock from Senhouse Capital joined the discussion.


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