FIVE YEARS AGO IN FX WEEKS
FIVE YEARS AGO IN FX WEEKS
FX Week, January 18, 1991
London brokers pessimistic about year ahead
After a year that saw a wave of lay offs and declining volume and with war in the Gulf a near-certainty, London FX brokers looked nervously ahead at 1991 with understandable pessimism -- exacerbated by the tense atmosphere on January 15 as trading slowed and people waited for news. "I have never seen such uncertain times," says Gary Klesch, until recently chairman of broker R.P. Martin and proprietor of Martin Bierbaum.
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