Ontelly

Wake Up to Money - 23/09/2009

Logo for Wake Up to Money - 23/09/2009

Andy Verity and Mickey Clark with news that 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 Lord Turner's attack on bonuses and remuneration.