In the latest Leaked Lunch podcast, I am joined by James Aitken, one of the UK’s top experts on financial liquidity and plumbing and the man behind Aitken Advisors — a boutique research advisory that works with some of the world’s most sophisticated investors. James developed his deep understanding of collateral and repo markets at UBS and before that at AIG Trading.
James rarely does interviews, so we were delighted to have him join us at Le Vacherin in Chiswick on October 14, the day that Kwasi Kwarteng stepped down as UK chancellor.
In the interview we discuss James’ background and how he came to raise the alert on subprime; what it was like being at AIG in the lead-up to the financial crisis; the financial thinkers and central bankers he respects most; and, of course, the fallout from the mini-budget fiasco on collateral markets and the consequences of the LDI crisis for markets.
The podcast is available on Spotify, RSS.com and Apple Podcasts. Show notes will be published for subscribers in a separate post.