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The Cedar Story By Charles R. Gordon

The Cedar Story

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On 19th December 1973, at the Bank of England, the heads of four of the country's mightiest institutions met. They were there to discuss Cedar Holdings: a small but celebrated secondary bank. This book describes the rise and fall of Cedar, by a man who played an active role in its story.

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The Cedar Story Summary


The Cedar Story: The Night the City Was Saved by Charles R. Gordon

On Wednesday 19th December 1973, at the Bank of England in the spacious surroundings of the court room, the heads of four of the country's mightiest institutions, lawyers, merchant bankers, clearing bankers, stockbrokers and executives of the Bank and the country's leading liquidator met. They were there to discuss Cedar Holdings: a small but celebrated secondary bank. Downstairs, crowded in a small meeting room, were executive directors of Cedar, headed by Jack Morrison, the chairman, and his son, Michael. The purpose of this unprecedented gathering was to save Cedar from collapse. Would the institution put up the huge amounts necessary? But Cedar had to be rescued at all costs. If it was not able to open its doors for business on Thursday morning, the entire UK banking system was in danger of collapsing. This is an account of the rise and fall of Cedar, by a man whio played an active role in its story.

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Additional information

GOR002880103
The Cedar Story: The Night the City Was Saved by Charles R. Gordon
Charles R. Gordon
Used - Very Good
Hardback
Vintage Publishing
1993-04-15
256
1856192172
9781856192170
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
This is a used book - there is no escaping the fact it has been read by someone else and it will show signs of wear and previous use. Overall we expect it to be in very good condition, but if you are not entirely satisfied please get in touch with us.