The Cedar Story. The night the City was saved

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Written for a broad readership. Provides an account of Cedar Holdings and the rescue operation mounted by the City to prevent its collapse and a much wider collapse in the City of 'secondary banks' in what came to be known as the 'Secondary Banking Crisis' of the early 1970s. Written by a City financier much involved in the management of Cedar. Covers role of the Bank of England and the involvement of Samuel Montagu & Co Ltd as Cedar's advisers and Barclay as Cedar's bankers