Editorial: Getting a grip in Singapore

Editorial: Getting a grip in Singapore

Richard Jory

You know you have been mired in crisis for a very long time when a once common occurence makes you step back and recoil. It is then that you realise that the financial crisis has been going on for so long that it must surely be in danger of bumping into the next one. The event that has shaken many structured products bankers out of their crippling insecurity in the face of battered markets took place in Singapore last month, when Société Générale plucked up the cou