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Archive for November 22nd, 2007

0.65% per annum just to insure mortgages against default.

In the FT today, Sarah O'Connor reports that it's costing 64,000 euros annually to protect 10m euros of senior financial debt. Read more..

Poacher turned Gamekeeper.

With the announcement that the former HBOS CEO Sir James Crosby is now going to be top dog at the FSA. Read more..