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11 - Francis Rodd Makes Sense – and a Plot (June 9–June 20)

Published online by Cambridge University Press:  21 December 2024

Per H. Hansen
Affiliation:
Copenhagen Business School
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Summary

Chapter 11, Francis Rodd makes sense - and a plot, (June 9 - June 20). In this chapter I change focus to Rodd’s retrospective sensemaking. I quote in full a long note by Rodd written in the aftermath of the loan from Bank of England where he tells his narrative of what happened from the BIS board meeting on June 8 to June 16. Rodd clearly blame the French government, but not the Banque de France. After this, the perspectiev shifts to that of Pierre Quesnay, who tells his view about the British loan and how it came about. The chapter ends by showing how Rodd leaving Vienna.

Type
Chapter
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There Will Be the Devil to Pay
Central Bankers, Uncertainty and Sensemaking in the European Financial Crisis of 1931
, pp. 185 - 203
Publisher: Cambridge University Press
Print publication year: 2025

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