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It seems that they have
reached an agreement, which was never written, that
if the banks intermediated between two non-residents,
in a foreign currency, in that case the dollar, that this particular intermediation, this particular deal
will not be considered by the Bank of England
under its own jurisdiction
reached an agreement, which was never written, that
if the banks intermediated between two non-residents,
in a foreign currency, in that case the dollar, that this particular intermediation, this particular deal
will not be considered by the Bank of England
under its own jurisdiction
Full Transcript
00:00:01.000 --> 00:00:04.646
It seems that they have
reached an agreement,
00:00:04.646 --> 00:00:08.813
which was never written, that
if the banks intermediated
00:00:10.874 --> 00:00:15.506
between two non-residents,
in a foreign currency,
00:00:15.506 --> 00:00:16.824
in that case the dollar,
00:00:16.824 --> 00:00:19.432
that this particular intermediation,
00:00:19.432 --> 00:00:22.644
this particular deal
will not be considered
00:00:22.644 --> 00:00:26.664
by the Bank of England
under its own jurisdiction.
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Movie Summary
How Britain transformed from an imperial power to a financial power.