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muleofkintire

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muleofkintire

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Monday, 02/18/2008 8:01:35 PM

Monday, February 18, 2008 8:01:35 PM

Post# of 38879
Northern Rock takeover marks risky bet for U.K.
Surprise move reveals global crisis' depth; holders decry action
Alistair Macdonald And Carrick Mollenkamp, Wall Street Journal
18 Feb 2008 05:31
LONDON -- The U.K. government has decided to take full control of troubled mortgage lender Northern Rock PLC, in a surprise move that reflects the depth of the global credit crisis and represents an embarrassment for Prime Minister Gordon Brown.
http://www.moneyweb.co.za/mw/view/mw/en/page94?oid=193996&sn=Detail

http://www.jsmineset.com/



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