Fraud in France shocks Davos forum

Last Modified: 24 Jan 2008
By: Faisal Islam

The fraudulent actions of a French man have also set off shock waves that were felt today at the World Economic Forum in Davos.

Channel 4 News caught up with the delegates in the exclusive Swiss resort to talk rogue traders, financial instability and the credit crunch.

After the collapse of the US sub-prime mortgage market, the global economy is in the throes of a credit crunch.

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