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Crisis-weary rich held nerve in market sell-off

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Wed, 24 Aug 11 3:51 PM | 17 view(s)
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Crisis-weary rich held nerve in market sell-off

LONDON (Reuters) - Memories of the panic that engulfed the world after the collapse of Lehman Brothers in 2008 have hardened rich investors who have held their nerve and resisted the impulse to dash for cash during August's market falls, private bankers said.

Christopher Vellacott

LONDON
Tue Aug 23, 2011 8:08am EDT

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http://www.reuters.com/article/2011/08/23/us-financial-investors-idUSTRE77M1V520110823




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