Financial Times FT.com

Under restraint

By Gillian Tett and Aline Van Duyn

Published: July 6 2009 19:55 | Last updated: July 6 2009 19:55

When the European Securitisation Forum held its annual meeting in June 2007, thousands of bankers descended on Barcelona to drink champagne and dance to a bankers’ rock band called D’Leverage.

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