Inside the tortured mind of the investment banker

Investment bankers are still up to their old tricks. And they're sowing the seeds for the next financial crisis, says Bengt Saelensminde - right before the regulators' noses.

Investment banks have a lot to answer for. They collected huge wages in the good times and huge bail-outs in the bad.

But the worst of it is, nothing has really changed. You see, the authorities are quite happy to let the banking industry continue making crazy bets bets that may blow up (and soon!), so long as it suits the authorities.

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Bengt graduated from Reading University in 1994 and followed up with a master's degree in business economics.

 

He started stock market investing at the age of 13, and this eventually led to a job in the City of London in 1995. He started on a bond desk at Cantor Fitzgerald and ended up running a desk at stockbroker's Cazenove.

 

Bengt left the City in 2000 to start up his own import and beauty products business which he still runs today.