Friday, Nov 09, 2007
even the bbc are calling it nothern crock
bbc: Run on the Bank: Northern Crock
Northern Rock is Britain's eighth largest high street bank and until recently was the darling of the City of London. Now it's in crisis, struggling for its very survival, propped up by the Bank of England, and waiting as potential buyers circle.
Posted by seanb303 @ 11:51 AM (332 views) Add Comment
2 Comments
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1. paul said...
I'm not sure potential buyers are circling as much as giving it a wide berth ...
2. Ill_handle_it said...
Here's another interesting link: http://www.thisismoney.co.uk/news/article.html?in_article_id=425869&in_page_id=2