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2015-02-28T18:22:48+05:30

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My Lost Dollar is a story written by Stephen Leacock. It is the various ways of the author to get back a dollar which he had lent to his friend, Todd but all his ways remained unsuccessful. Todd was a free and careless person.
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2015-02-28T19:59:59+05:30
The day after I arrived in New York, Lehman Brothers, the investment bank that had been in business for 158 years, collapsed. By the time I left a few days later, Merrill Lynch had undergone a distress sale and the American government, given the choice between apocalyptic financial panic and the bottomless pit, had chosen the bottomless pit and bailed out (and taken over) the giant insurance company, AIG. I arrived back in Britain, the land of my residence for six months of the year, to learn that one of the largest banks in the country, Halifax Bank of Scotland, had been taken over by Lloyds Bank to prevent an undignified and potentially catastrophic run on HBOS, which would otherwise almost certainly have happened. It seemed as if my arrival in countries was a bad augury for the financial markets, and I decided to stay put for a while, just in case there really was a causative relationship.
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