UK govt outlines Northern Rock plans (El Paso Times)
Story date: 2008-02-18 08:25:59
Added on: 2008-02-18 22:00:16
LONDON—Prime Minister Gordon Brown's government faced accusations of mismanagement Monday as it began nationalizing stricken mortgage lender Northern Rock PLC—the first time in 20 years that a private company has been taken into public ownership.
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