Here is an item from the Mudlark column, in the FT Companies and Markets section of Thursday 24 March. It reported a masterclass for pension trustees attending the National Association of Pension Funds conference last week:
'Colin Graham of Merrill Lynch Investment Management, brought the bad news. Recalling his first week at the company in 1997 as emerging market bonds went into free fall, he said: "Our head of business went out and bought 'Das Kapital' to see what happened when capitalism broke down."
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