Northern Rock.


Northern Rock – nationalized – good and about time. Considering billions of pounds of public money have been keeping the bank alive for some considerable time the bank should have been nationalized ages ago.  The one man who appears to have got this situation right had to be not a Labour MP but the Liberal MP Vince Cable: the image of dithering and failure rests with the current prime minister. The rag bag of bidders have made inadequate offers and the shareholders seem to believe the government and the taxpayer must bail them out.

Pity the same thing couldn’t have been done for Rover.

Advertisements
  1. No comments yet.
  1. No trackbacks yet.

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: