Article: U.K. backs Virgin on Northern Rock bid

Article: Northern Rock suitors 'will not get guarantees from ...
The Independent - London;  September 17, 2007 ;     700+ words ... ... credit crunch has forced banks to hoard cash to meet ... of paralysis, bidding banks wanted the Bank of England to help underwrite Northern Rock's assets. The Bank of England has refused ... job is not to support banks that grew reckless during ...

Article: Northern Rock customers in run on the bank
Yorkshire Post;  September 14, 2007 ;     700+ words ... ... has approached the Bank of England to request ... invest savings in Northern Rock? Register to have ... down by mainstream banks, has caused widespread ... financial markets. Northern Rock is heavily reliant ... Q: How is the bank still going to make ...

Article: The Northern Rock auction: what a fiasco
The Independent on Sunday;  November 18, 2007 ;     700+ words ... ... to buy the bank first? Anyway ... the board of Northern Rock and the Government ... The result, Northern Rock is declared ... investment banks won't care ... nationalise Northern Rock by making its ... offer for the bank. But even ...

Article: Northern Rock bolstered by sale of equity release ...
The Independent - London;  January 12, 2008 ;     700+ words ... ... handed over to the Bank of England to reduce the size of Northern Rock's funding position ... outstanding debt to the Bank of England. Moreover, while Northern Rock's conventional ... solutions to the Northern Rock crisis. It is to update the bank on its work on ...

Article: Northern Rock rolls towards Virgin's enticing ...
Western Mail (Cardiff, Wales);  November 27, 2007 ;     700+ words ... ... taxpayer throughout the Northern Rock crisis. Shares in Northern Rock swung wildly as investors digested the bank's announcement ... hopes to rebuild the bank's base of depositors ... funding structure . Northern Rock's funding model ...

Article: TIMELINE: NORTHERN ROCK'S JOURNEY TO ...
The Journal (Newcastle, England);  March 27, 2008 ;     700+ words ... ... volatility. Banks begin to ... August 14 Bank of England ... problems with Northern Rock. Thursday ... rescue of Northern Rock through the ... at-risk banks earlier ... crisis-hit bank. Wednesday ... Brown admits Northern Rock may not be ...

Article: Northern Rock: What you need to do in a crisis; ...
The Mail on Sunday (London, England);  September 16, 2007 ;     700+ words ... ... Newcastle-based bank - thefifth ... warning. Why Northern Rock? ITS business ... most mortgage banks. Whereas other ... money from other banks inorder to pass ... But now other banks are no longer ... tolend to it, so Northern Rock is in trouble ... my money? THE bank is not ...