In a front page article appearing in today's Financial Times, Andy Haldane from the Bank of England expressed strong support for securitisation. Both the statements and the tone are significant in that, following Mark Carney's support a few weeks ago, they move the Bank of England from a "neutral" position toward securitisation - recognising that it can be done well and safely - to a "positive" position - extolling the benefits that it can bring, when done well and safely. This is a thoughtful piece and a key moment in the rehabilitation of securitisation. The article may be found here.
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