Monday, September 24, 2007

Northern Wreck was the first casualty – but it won’t be the last

The real credit crunch has only just begun

Northern Rock is hardly a distant memory - but with the immediate crisis past, most investors are no doubt hoping that we’ll get back to business as usual pretty sharply. But Northern Rock’s woes were just symptoms of a deeper problem in the markets.

Posted by sha @ 05:30 PM (599 views)
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