Ivan Fallon's Black Horse Ride: The Inside Story of Lloyds and the Banking PDF

By Ivan Fallon

Longlisted for the FT and McKinsey enterprise publication of the 12 months Award 2015

In September 2008, HBOS, with resources better than Britain’s GDP, was once at the fringe of financial ruin. Its cave in may have created the largest fiscal main issue because the Thirties and an immense political catastrophe for the Labour executive. With the assistance and aid of Gordon Brown, HBOS was once rescued by way of Lloyds TSB, one of many country’s most powerful banks, in conditions that experience because turn into the stuff of urban legend.

In the hugely acclaimed Black Horse experience, veteran monetary journalist Ivan Fallon brings jointly the money owed of the entire energy gamers serious about this dramatic saga for the 1st time, together with the major roles performed by way of the Governor of the financial institution of britain, the top Minister and the Treasury.

Through a compelling forged of trendy bankers, politicians and traders, Fallon finds what fairly happened within the aftermath of the crash of Lehman Brothers, possibly the worst unmarried day in banking history.

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Black Horse Ride: The Inside Story of Lloyds and the Banking Crisis by Ivan Fallon


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