The Credit Crunch
The Royal Exchange is one of the grandest buildings in the City of London. Although this building is only from the first part of the 19th century, it dates back to the 16th century. Thomas Gresham built this bourse and so pleased Queen Elizabeth with the building and the way he did his job, she insisted it be called the "Royal Exchange" And what was his job? He used to borrow money for the queen. These days since stock trading has gone electronic, it has gone back to being a very upmarket shopping mall.