After Alastair Darling announced the nationalization of a company in this industry, Ron Sadler was appointed chairman. For 10 points each:
[10h] Name this industry to which Northern Rock belonged. Nick Leeson caused the collapse of a company in this industry after the Great Hanshin Earthquake.
ANSWER: banks [prompt on finance] (The other company is Barings Bank.)
[10e] After the nationalization of Northern Rock, it is widely thought that an advisor from a financial firm from this country recommended splitting off the high-risk assets into a bad bank. This country’s notoriously secretive banks reportedly hid Nazi gold during World War II, during which it remained neutral.
ANSWER: Switzerland [or Swiss Confederation; or Schweizerische Eidgenossenschaft; or Confédération suisse; Confederazione Svizzera; or Confoederatio helvetica; or Confederaziun svizra]
[10m] For his handling of the financial crisis, Paul Krugman credited this Labour Prime Minister with having “saved the world financial system.” This former Chancellor of the Exchequer succeeded Tony Blair.
ANSWER: Gordon Brown [or James Gordon Brown]
<Editors, European History>