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The real credit crunch: The moment a banker crashed his Porsche 997.
This is the moment a wealthy banker experienced a real credit crunch and crashed his Porsche into a stone bollard.
A senior banker and investor, spun his Porsche Carrera 2 on a corner and mounted a curb - narrowly missing a 'For Sale' sign. But the top-of-the range motor landed on top of a stone bollard - causing thousands of pounds worth of damage to the chassis.
The non-executive chairman of Close International Private Banking which is worth $1billion, was then forced to explain his actions to a passing policeman. An eyewitness said: 'He was a very dapper chap - he was wearing an expensive suit and is clearly very wealthy.
'The car but it ended up perched on top of a bollard. He just lost it on a corner. What with all the turmoil in the markets it probably topped a very bad week.'
The car crashed on a tight bend in the island's St Peter's Port.
Close Brothers is Britain's largest independent merchant bank and provides offshore investments, private banking, investments trusts and pensions.
http://www.dailymail.co.uk
This is the moment a wealthy banker experienced a real credit crunch and crashed his Porsche into a stone bollard.
A senior banker and investor, spun his Porsche Carrera 2 on a corner and mounted a curb - narrowly missing a 'For Sale' sign. But the top-of-the range motor landed on top of a stone bollard - causing thousands of pounds worth of damage to the chassis.
The non-executive chairman of Close International Private Banking which is worth $1billion, was then forced to explain his actions to a passing policeman. An eyewitness said: 'He was a very dapper chap - he was wearing an expensive suit and is clearly very wealthy.
'The car but it ended up perched on top of a bollard. He just lost it on a corner. What with all the turmoil in the markets it probably topped a very bad week.'
The car crashed on a tight bend in the island's St Peter's Port.
Close Brothers is Britain's largest independent merchant bank and provides offshore investments, private banking, investments trusts and pensions.
http://www.dailymail.co.uk