Money: Collateralised Debt – 23 Sep 09

Andy Verity and Mickey Clark present this morning’s business stories, including:
Rising markets and bolder investors are starting to buy the underlying mortgage assets of those toxic collateralised debt obligations that caused so much of the credit crunch trouble.
For the first time in 18 months a building society in Nottinghamshire is offering a full housing loan for people buying a property through a shared ownership scheme.
We also talk to a former Bank of England economist who gives his view on whether the BoE might cut deposit rates for other lenders to try to get them to lend more.
Finally, the boss of the world’s biggest head hunter gives his reaction to Turner’s attack on bonuses and remuneration.

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