Tuesday, Nov 13, 2007
Like BTL Investors the B of E are in it for the Long Haul
Reuters: Northern Rock May Still Owe BoE in 2010 -Memo
Memo from Bankers handling Rock sale reckon shareholders in ailing British bank Northern Rock could be left with nothing and the Bank of England could still be funding the lender in 2010.
Posted by enuii @ 06:10 PM (400 views) Add Comment
3 Comments
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1. Deadspider said...
Since when has receiving a good rate of interest for money you've invented been a bad idea ?
2. sovietuk said...
Tax payer funds failing banks. What a well run economy we have.
3. planning4acrash said...
How long will they (oops, we!) be funding Bradford & Bingley, HBOS and Barklays and chums?!