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Hedge fund boss accuses PM of ignoring crunch alarm bell

Evening Standard – Jim Chanos said that Mr Brown, while Chancellor of the Exchequer, was given a briefing that predicted banks were in dire danger – more than a year before the crisis hit last year.

Mr Chanos, who made his name correctly predicting the downfall of Enron, said that Mr Brown and other G7 finance ministers were told of the “canary in the coal mine” but chose to carry on regardless.

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