They remembered with gratitude his penetrating analyses in previous crises.
To the country's fortune, no meltdowns occurred as during the previous 1997 Asian crisis.
It was grueling work, especially coming on top of the previous crisis.
Some are dusted off from previous crises and given a fresh spin.
But the ownership were true to their word and a season was completed without any of the previous crises that had become common place.
In the previous crisis, Lloyd's lost nearly $12 billion over five years beginning in 1988.
In September, those who tried to interpret history could do little more than review the market's reactions to previous crises.
However, its support was higher in December 1998, at the height of the previous crisis, and grew for the next two years.
In previous crises, the resolve of some has quickly crumbled.
During the agency's previous crisis, in 1993, the funding gap peaked at $109 billion.