Prime witness

With two decades' experience, Mark Adelson has had a frontline seat in the mortgage arena and he isn't afraid to voice his ideas on what the industry should do in the future

From being laid off by investment bank Nomura in July after it was forced to make cutbacks, to testifying before the US Congress on the role of rating agencies, Mark Adelson's career has put him in the centre of the US subprime troubles. With 22 years' experience in mortgage finance and asset-backed securities, Adelson has now established his own consultancy firm, Adelson & Jacob Consulting, with former Nomura colleague David Jacob. Fresh from his position as head of structured finance research

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