Well, that was £50bn well spent
Yes, but not hugely. Again, there's a couple of factual errors but the thrust is right and it's very useful for laymen. I explained my main objections over at Ezra Klein's blog. I should add that this part of structured finance isn't quite my specialism, so I'm less confident in my judgements, but it's under my remit as an editor.
For those with more financial acumen than me, is that article oversimplifying things?
Comment