egb_hibs
Private Member
- Joined
- Jul 2, 2002
While I didn't understand all the economic stuff, I found this account of the northern rock pre-crash crash interesting. Whether Melvyn kings intransigence or even Robert pestons hyperbole were as instrumental as suggested I don't know.
http://standpointmag.co.uk/features...ngdon-how-mervyn-king-got-northern-rock-wrong
However, unless the author is fibbing, the bald fact of the eye watering profits the government made on rolling up northern rock (and Bradford and bingley) is an interesting 'other side' to the various bailout adventures of recent years.
http://standpointmag.co.uk/features...ngdon-how-mervyn-king-got-northern-rock-wrong
However, unless the author is fibbing, the bald fact of the eye watering profits the government made on rolling up northern rock (and Bradford and bingley) is an interesting 'other side' to the various bailout adventures of recent years.