ABSTRACT

The Olympian victory over the assault of the Titans was attributed to Pan’s power to create a “panic”. The collapse of the financial markets has created a worldwide panic with inevitable repercussions. There is a well-established ethos in the City that is at the core of free-market capitalism and that is to be active, to produce, to acquire, to grow, to be in control. In short, it is to be powerful. Fortunately, not everyone in the financial world behaves like lemmings. There are some who manage to keep their heads amid the panic and lie in wait without having to do something to prove they are potent. When those who are most driven and who are most anxious about staying in control face imminent danger, the reaction is more often than not to do something—in other words, to continue to drive on even harder.