Bankers' cocaine use caused financial crisis - ex-govt drug adviser

Former top drugs adviser to the government David Nutt has made a controversial claim that the financial crisis was caused by bankers' habitual use of cocaine, the Telegraph reports.

Nutt said cocaine overuse made bankers "overconfident" and caused them to take more risks, leading not only to the most recent crisis, but also the collapse of Barings bank in 1995. He said cocaine...