Jump to content
House Price Crash Forum
Sign in to follow this  

Northern Rock / Southern T@rd

Recommended Posts

That's just me being lazy: can anyone sum up or provide a link about the status here. How many billions have flown out? Are people still queueing, have they been doing so today? -- GF

Edited by Goldfinger

Share this post

Link to post
Share on other sites

The funny thing is at least 2BN went out, and this went straight to other banks.

IF this did not happen, we could have other banks asking for loans from the BOE instead. They might be breathing a sigh of relief they have got some cash in the vaults. Northern Rock's repuation was offered up as a sacrifice.

Share this post

Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 354 The Prime Minister stated that there were three Brexit options available to the UK:

    1. 1. Which of the Prime Minister's options would you choose?

      • Leave with the negotiated deal
      • Remain
      • Leave with no deal

  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.