Jonathan Ford (@grepsul) 's Twitter Profile
Jonathan Ford

@grepsul

Former FT leader person. Likes trouble, cycling and regional British crime drama. Doing @altifpodcast with Neil Collins. alongtimeinfinance.substack.com

ID: 169035678

linkhttps://play.acast.com/s/61926927b481c700126c2eb2/ calendar_today21-07-2010 11:25:08

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Jonathan Ford (@grepsul) 's Twitter Profile Photo
Jonathan Ford
@grepsul

6 months ago

There is a special insolvency procedure under the legislation. If the debts are unsustainable, the investors should hand back the license. Anything else just creates moral hazard. But I am sure Mr Petitgas knows this, having been an investment banker in 2008