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Not A Pretty Picture

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A credit crunch, sparked by the subprime crisis, prompted depositors to make the first run on a British bank in a generation, developers of London’s tallest skyscraper to postpone construction plans and economists to warn that economic growth will shrink.
[via USA Today]

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About David Burn

David Burn is the co-founder, editor, and publisher of Adpulp.com. David joined the ad agency business in 1997 as a copywriter and then worked for seven agencies in five states prior to launching Bonehook in 2010. Today, David is a writer, brand strategist, and leader of creative teams in Austin, TX.

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  3. David Polinchock says

    I was in London last week when it happened and wrote about it on our blog at http://tinyurl.com/3yq3tx It was pretty wild and a great example of crowd mentality andthe power of a good, or in this case, bad, brand experience. In the first two days, over a $1 billion and a half pounds were withdrawn.