‘earthquake’ crushes global markets
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«Britons delivered a bombshell to the markets,» says Chris Gaffney, president at EverBank World Markets, a firm headquartered in Florida. «This is the biggest risk to markets right now a possible lack of liquidity like we got during the Lehman crisis.»
Related: Biggest losers from Brexit
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Related: The pound is crashing
Pryce was watching the results come in at the London School of Economics, where the mood was very nervous.
«I’ve just seen my salary vaporize,» Luis Garicano, LSE professor of economics and strategy, said as the pound tumbled after the first results were announced.