Create an Account
username: password:
 
  MemeStreams Logo

BBC NEWS | Business | Rush on Northern Rock continues

search

ubernoir
Picture of ubernoir
My Blog
My Profile
My Audience
My Sources
Send Me a Message

sponsored links

ubernoir's topics
Arts
  Literature
   Fiction
   Sci-Fi/Fantasy Literature
Business
Games
Health and Wellness
Home and Garden
Miscellaneous
Current Events
Recreation
Local Information
  Events in Washington D.C.
Science
  Astronomy
  Space
Society
  International Relations
  History
Sports
  Football
Technology
  Computers

support us

Get MemeStreams Stuff!


 
BBC NEWS | Business | Rush on Northern Rock continues
Topic: Current Events 8:25 am EDT, Sep 15, 2007

The rush of customers taking money out of Northern Rock has continued for a second day, amid concerns over its emergency Bank of England loan.

Long queues built up outside branches such as Kingston, Surrey, where some 250 people waited to take out money.

Experts insist that customers' money is safe, but banking sources suggest that on Friday alone clients pulled out �1bn - or 4-5% of retail deposits.

Northern Rock has struggled since money markets seized up over the summer.

your sub primes and so we are haing what looks like on old fashioned bank run
welcome to "it's a wonderful life"

BBC NEWS | Business | Rush on Northern Rock continues



 
 
Powered By Industrial Memetics
RSS2.0