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

1. Deadspider said...

Since when has receiving a good rate of interest for money you've invented been a bad idea ?

Tuesday, November 13, 2007 09:24PM Report Comment
 

2. sovietuk said...

Tax payer funds failing banks. What a well run economy we have.

Tuesday, November 13, 2007 10:37PM Report Comment
 

3. planning4acrash said...

How long will they (oops, we!) be funding Bradford & Bingley, HBOS and Barklays and chums?!

Tuesday, November 13, 2007 11:19PM Report Comment
 

Add comment

Username   Admin Password (optional)
Email Address
Comments
  • If you do not have an admin password leave the password field blank.
  • If you would like to request a password allowing you to add comments and blog news articles without needing each one approved manually, send an e-mail to the webmaster.
  • Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
  • Please note that any viewpoints published here as comments are user's views and not the views of HousePriceCrash.co.uk.
  • Please adhere to the Guidelines

Main Blog | Archive | Add Article | Blog Policies