13 AUGUST 1988, page 19

Clear As Mud

IT DOES the City no credit to have let the LondonClear project collapse. In the not so old days it would never have happened. Father in the Bank of England would have said......

City And Suburban

The comical game of Grandmother and the seven footsteps CHRISTOPHER FILDES W e can see the game that the Chancel- lor has been playing. It is Grandmother's Footsteps. Interest......

Nail-biting Climax

I FOUND Wall Street full of Jewish- American Princess jokes — What is a JAP's favourite position? Just opposite Bloomingdale's — and liked its sequel: How can you tell when a......

Baker's Double

IT HAS long seemed to me that James Baker has enjoyed the unfair advantage of not being Donald Regan. Now that Mr Baker has landed the bets of Wall Street, by tiptoeing out of......