Hermes CEO Nusseibeh: The single, simple lesson from 2008

The takeaways from Lehmans' collapse

In thinking about the events of 2008, and the extraordinary financial environment that followed, there may be a temptation to try to find complex lessons that would justify the cost to our society of the GFC, writes Saker Nusseibeh, CEO of Hermes Investment Management.

These included not only massive wealth destruction but, perhaps more importantly, led to an environment that resulted in social disruption, that in turn led to the rise of populism, which possibly threatens...