“My God,” exclaims Sir George Parr, a leading investment banker in London and known to have his finger right on the pulse of the financial markets. He is explaining to his informed interviewer how the “sharp and sophisticated” market participants employed by leading investment banks, representing the finest minds in the worldwide business of money management, react to events; they come into work one day, look at their screens and say “My God. Something awful’s going to happen. What are we going to do? What arewe going to do?” And put their head in their hands.