22 JUNE 1996, page 19

City And Suburban

Which of the twin bores is under water? Yes, it's Lightatendoftunnel CHRISTOPHER FILDES I nsider trading is the sign of an efficient market, so I have been encouraged to see......

Coming Into View

I LIKE Eddie George's story about the Japanese banker who, on meeting a delega- tion from British Invisibles, said: `Ah — it is so nice to see you.' I suspect, though, that it......

Mafioski's Market

I SUPPOSE the best news out of Russia is that someone has been stealing government bonds. It should hearten the International Monetary Fund, which now has fortunes at stake......

Copper Bottom

NICK LEESON had a locked drawer in his desk and a numbered account for parking losses. The copper market's Mr Five Per Cent, Yasuo Hamanaka, had a locker and two sets of books,......

Better Luck This Time

FLORENCE begins to get hot and sticky at this time of year, and that is just the climate. This weekend's European summit meeting must send it right off the dial. All that hot......

Asking Silly Questions

THE BEST verdict on this comes from Valerie Thompson, a true star of the mar- kets, who first twinkled at Salomon Broth- ers as a telex operator. In her book, Manag- ing the......