UK Parliament / Open data

Banking (Special Provisions) Bill

Proceeding contribution from Yvette Cooper (Labour) in the House of Commons on Thursday, 21 February 2008. It occurred during Debate on bills on Banking (Special Provisions) Bill.
Let me finish this point. The hon. Gentleman has repeatedly made completely inaccurate, nonsense points, not simply about Granite but about the overall relationship to Northern Rock, so much so that today's Financial Times said:"““The argument…put forward by the Conservatives””" on Granite"““was roundly dismissed on Wednesday by City experts…Analysts said this showed a basic misunderstanding of how securitisations worked.””" The hon. Gentleman has today made a series of completely incorrect claims about the legal status of Northern Rock, which suggests a misunderstanding not simply of securitisations but of UK law.

About this proceeding contribution

Reference

472 c633 

Session

2007-08

Chamber / Committee

House of Commons chamber
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