Credit Crunch!

Columnist

clive-gif
Sour dough. Look up ‘sour dough bread’ on Google, an internet search engine, and the first page reference will be for a recipe from a website called the ‘Rocky Report’.

A rocky report was certainly what was served up to holders of securitised bonds from RHM Group, one of the UK’s largest bread makers, when it posted its first-quarter results in September.

Analysts seized on the weak results from RHM – which launched one of the first true whole-business securitisations (WBS) in the UK back in 2001

To continue reading...

You must be signed in to use this feature.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: