Bond scheme may lure more bidders for Northern Rock
Story date: 2008-01-21 04:16:00
Added on: 2008-01-21 18:27:52
Guardian Unlimited - ... unprecedented government backing for a private-sector rescue of the stricken lender ... George Osborne, said the new guarantees amounted to a £2,000 "second mortgage" for ... The bids for Northern Rock are being solicited while 1.4m home loans are due to ...
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Bond scheme may lure more bidders for Northern Rock (Guardian Unlimited)
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London - The British government intervened to ensure a private sector rescue for troubled mortgage lender Northern Rock Monday because the present...
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British mortgage lender Northern Rock to issue state-guaranteed bonds
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Northern Rock bidders to pitch rescue plans for the stricken mortgage ...
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Northern Rock, which suffered the first run on a British bank in 140 years, will be nationalized after the government confirmed...
2008-02-17 05:33:55