Tuesday, Nov 20, 2007
Northern Rock Shares Take a Fresh Battering!
Guardian: Business Article
34 minutes ago they were reporoting that Northern Rock Shares have slumped to 60 pence valuing the company at £250 squillion!!!!!!
That is 1% of the value that Swervyn Mervyn allowed to be put on it....
Nice to know that the economies in good hands...
Posted by orwell @ 10:00 AM (209 views) Add Comment
1 Comment
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1. dohousescrashinthewoods said...
So the fair value of Northern Wreck is in fact negative?