Monday, October 6, 2008

First to Get Sick, First to Get Better

One of the first banks to go down now has to turn away business.

(British bank) Northern Rock was nationalised last year as the credit crisis started to bite.

The move meant that all future deposits with the bank would be guaranteed by the Government.

The bank has now been forced to pull six of its most popular savings products off the market because they were proving too popular.

No comments: