Hello and welcome the Brokonomics. Now, one of the most important functions in any city firm is the business prevention officer.

Those are the chaps who make sure that you don't go to jail.

And I found out just the other day that Stephen was a business prevention officer for many years during the spiciest bits of the days in the city.

Yeah.

So I think you missed the Asian financial crisis, the bearings.

Yes.

But you were in for, let me get this right, the dot-com crash.

Yes.

Enron 9-11, the great financial crisis, the European collapse, and the flash crash.

So you got some interesting.

Oh, and LIBOR.

Oh, yeah, the LIBOR as well.

Yeah, so, gosh, when you say that now?

Absolutely.

Yeah, you've got six or seven.

So what is the role of a business prevention officer?

All right.

So I came in, first of all, into a small stockbroking firm just across London Bridge, which was really just slightly

outside of the city. And I came in as a compliance officer and general counsel.

Oh, you're supposed to call them compliance officer. So, yeah, as a barrister, my role came in

as being just a general lawyer for doing anything from human resources and

employment law to looking after contracts that were doing it but specifically I was brought in

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