Catastrophic mistakes were made before the bank guarantee was pledged

THERE are songs and there are songs and then there is ‘The Night They Drove Old Dixie Down’.
Written by Robbie Robertson of the group, The Band, the song delves into the psyche of the US South in the aftermath of its defeat in the Civil War. The defeat is encapsulated in the mind of the song’s narrator, Virgil Caine, in a single night. “By May the 10th Richmond had fell, it’s a time I remember oh so well.”