a non-active Finextra member
20 February 2008 | 4340 views | 3 | Recommends 0
The nationalisation of Northern Rock was inevitable after the Governments interference in the original crises. Interfering in the problems of Northern Rock at such an early stage, in the glare of publicity, with the market aware of the deteriorating situation,
was always going to end at this inevitable conclusion. The Government maintains it had ...