The Arbuthnot Bank Crash
Krishnaswami became known when he was the contending advocate in the Arbuthnot bank case. In 1906, this popular bank crashed and depositors lost huge sums. Krishnaswami played a role in ensuring that the principal partner was imprisoned. The event led to his assisting in setting up the Indian Bank.
Read more about this topic: V. Krishnaswamy Iyer
Famous quotes containing the words arbuthnot, bank and/or crash:
“All political parties die at last of swallowing their own lies.”
—John Arbuthnot (1667–1735)
“on a May morwening upon Malverne hilles
Me befel a ferly, of fairye me thoughte;
I was wery ofwandred and wente me to reste
Under a brod bank by a bournes side;
And as I lay and lenede and lookede on the watres,
I slomerede into a sleeping, it swyede so merye.”
—William Langland (1330–1400)
“You crash over the trees,
you crack the live branch.”
—Hilda Doolittle (1886–1961)