Thursday, January 10, 2008

Man the bilge pumps

Darling Says Northern Rock Sale May Not Be Possible

Chancellor of the Exchequer Alistair Darling said it might not be possible for companies to finance a rescue of Northern Rock Plc and that shareholders of the bank should have realized that their investment may be worth nothing

Posted by mken @ 04:14 PM (370 views)
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One thought on “Man the bilge pumps

  • it_is_going_with_a_bang says:

    “In a perfect world it would be advantageous to do these things in a covert way,” Darling said. “One of the big issues we need to address is if it is desirable to do these things covertly and what we should do to ensure we can.”

    What?

    Billions of taxpayers money in it and he wants to keep it hush hush.
    No honour amongst thieves it would seem.

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