Have We Learnt the Lessons of the Financial Crisis?

Gillian Tett looks at why the warning signs were missed and where the next crash may strike

A trader on the floor of the New York Stock Exchange on October 13, 2008. Photo: Spencer Platt/Getty Images

By Gillian Tett

One day in the early summer of 2007, I received an email out of the blue from an erudite Japanese central banker called Hiroshi Nakaso. “I am somewhat concerned,” he began in typically…

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