
Blood in the streets
The London bombing
From my perspective as a hedge-fund trader the 7 July 2005 bombings
on London were quite different from the 11 September attacks in
the USA four years earlier. The instant the second plane hit the
World Trade Center in New York, the world knew that there had
been a substantial terrorist attack and that the implications would
be severe and long-lasting. The futures on the US stock indices that
were trading even before the general market had opened immediately
started to plummet. The London bombings were different. The first
indication I received that something was ...