Securitization: the Adventure of the Top-Sliced Lender, Part 1, the slice
London that April was endlessly blanketed in fog thick as treacle, dampening my mood. My old Afghan war wound ached, the more so because my friend Sherlock Holmes, whose housing-finance deductive expositions I have periodically chronicled, was off in hot pursuit of what he mutteringly called the Adventure of the Nine Guaranteed Keys, leaving [...]
