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#207531 - 17th Feb 2008 9:06pm Northern Rock Nationalised
MattLFC Offline
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Registered: 14th Aug 2004
Posts: 22315
Loc: Moreton/Beirut/Mobile
News Just In...
Originally Posted By: BBC News
Northern Rock is to be nationalised as a temporary measure, Chancellor Alistair Darling has said.

Neither of the two private proposals to take over the beleaguered bank offered "sufficient value for money to the taxpayer", Mr Darling said.

He said the public would gain if the government held on to Northern Rock until market conditions improved.

Ron Sandler, nominated by the government to run Northern Rock, said savers' deposits would be secure.

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BBC News Report

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#207546 - 17th Feb 2008 10:35pm Re: Northern Rock Nationalised [Re: MattLFC]
placidmaster Offline
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Registered: 1st Feb 2008
Posts: 1188
Loc: Lyon/Newcastle/Paris/Cape Town
not that the public have not propped this up enough already, you should see the new 67 qzillion pound hq they have just built for them selves here in newcastle
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#207549 - 17th Feb 2008 10:37pm Re: Northern Rock Nationalised [Re: placidmaster]
SoundLad Offline

Are you SoNutz?
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Registered: 22nd Aug 2007
Posts: 2987
Loc: Birkenhead, United Kingdom
Labour needs the boot and fast.. There making this country a shit hole.. I recon Her Maj just runs the country lol..
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#207554 - 17th Feb 2008 10:43pm Re: Northern Rock Nationalised [Re: SoundLad]
placidmaster Offline
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Registered: 1st Feb 2008
Posts: 1188
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already made it one lol and no sorry get rid of the royal family to, super parasites
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#207557 - 17th Feb 2008 10:47pm Re: Northern Rock Nationalised [Re: placidmaster]
SoundLad Offline

Are you SoNutz?
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Registered: 22nd Aug 2007
Posts: 2987
Loc: Birkenhead, United Kingdom
true mate happy
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#207563 - 17th Feb 2008 10:52pm Re: Northern Rock Nationalised [Re: SoundLad]
placidmaster Offline
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Registered: 1st Feb 2008
Posts: 1188
Loc: Lyon/Newcastle/Paris/Cape Town
how much does it cost to keep them compared to what they bring in, do it french stylee, off with thier heads lol
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