Profession takes a deep breath as fears of Armageddon are put to bed

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  • "The impact of the financial ­crisis that began when Lehman ­collapsed on 15 September last year..."

    Why do certain people talk about the Lehman implosion as if it signalled the start of the financial crisis? By then it was already well under way. The outlook had been "bleak" since summer 2007.

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