The Lehman Brothers collapse will affect the Isle of Man, but the markets haven’t panicked yet.
That’s the message after the 150 year old bank, the fourth biggest on Wall Street, announced it would file for bankruptcy protection.
Patrick Crookall of stock market brokers Ramsey Crookall says there could be fallout in the Island as stock markets wobble.
However, he says investors who can ride out the storm are still putting money into the world markets:
Two large retailers 'express interest' in Next store in Douglas
Clothing and homeware store to leave Strand Street next month
Updates planned to beneficial ownership framework
Changes to be brought to Tynwald in May
TT themed restaurant and bar to open this weekend
'Grand opening' for Motor Isle Bar and Grill
Businesses feel strain from 25 percent increase in Steam Packet freight fuel surcharge
Chamber calls for government intervention as freight costs rise across the Island
