Northern Rock Says Looser BOE Loans May Have Prevented Run (Bloomberg.com)
Story date: 2007-10-16 10:01:47
Added on: 2007-10-16 22:00:17
Oct. 16 (Bloomberg) -- Northern Rock Plc Chief Executive Adam Applegarth said he might have been able to prevent the first U.K. bank run in a century if the Bank of England or other institutions extended loans against more securities.
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