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The Bucks Stop Here by Jim Parton

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Chapter 3

A huge wave of relief might have been expected to sweep the financial markets with the Gulf War ceasefire. Instead it was the signal for a return to stock market torpor. The start of the war had got people frantically dealing, so the end proved to be an anti-climax. It was already too late to buy.

The grim reaper moved away from the Iraqi slit trenches and visited the equities trading floor at Merrill Lynch, where a market maker, a salesman and the two most attractive girls in the office were made redundant.

The salesman was delighted because he had taken out redundancy insurance, which for surprisingly modest premiums would pay him more than he had been earning anyway for two years. In his spare time he had been contributing to ...

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