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The year of banking disastrously

It will be remembered as the year when boom turned to bust � and Scotland�s hallowed banks turned to dust. As 2008 began, most pundits still believed there might be no recession, let alone a crisis of world capitalism.

It will be remembered as the year when boom turned to bust - and Scotland's hallowed banks turned to dust.

As 2008 began, most pundits still believed there might be no recession, let alone a crisis of world capitalism.