What is a repo?

The repo helped bring down MF Global and Lehman Brothers. Could the eurozone be next? Tim Bennett explains what repos are and why you should be worried.

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The "repo" helped bring down MF Global and Lehman Brothers. Could the eurozone be next? Tim Bennett explains what repos are and why you should be worried.

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Tim Bennett

Tim graduated with a history degree from Cambridge University in 1989 and, after a year of travelling, joined the financial services firm Ernst and Young in 1990, qualifying as a chartered accountant in 1994.

He then moved into financial markets training, designing and running a variety of courses at graduate level and beyond for a range of organisations including the Securities and Investment Institute and UBS. He joined MoneyWeek in 2007.

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