Tuesday, June 17, 2008

“In November, there was a second run”

Revealed: The secret plans Northern Rock made to pull the plug

Secret plans were drawn up by Northern Rock which would have closed the bank within hours in Operation 'Rapid Plan', the Daily Mail can reveal. Accounts would have been frozen, cash machines switched off, every branch closed and online services axed for the closure on what was dubbed 'D-Day'. The measures show how the stricken bank had made intricate plans if it needed to hit the panic button.

Posted by jack c @ 08:58 AM (664 views)
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3 thoughts on ““In November, there was a second run”

  • as if the Rock could come up with “intricate plans”

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  • First point. Remunerate Applegarth and his mates. Second point……..

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  • Rental John says:

    Staggering stuff…..I wonder if B+Bungle and A/L have similar D-day plans in place?

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