Taxpayers to be saddled with 'rubbish' assets as banks protest over Northern Rock's '

Legal Beagles

News

Joined: Aug 2007

Posts: 23074
- Share
- Tweet
#1

Taxpayers to be saddled with 'rubbish' assets as banks protest over Northern Rock's '

20th February 2008, 09:50:AM

Taxpayers have been left with Northern Rock?s 'rubbish' assets because its safest mortgages were hived off before nationalisation, MPs claimed today. Labour was accused of signing a 'huge blank cheque' on behalf of the taxpayer last night as emergency laws nationalising Northern Rock were rushed through the Commons

More...

Tags: assets, cheque, emergency, mortgages, mps, nationalisation, northern rock

Previous Next

LegalBeagles Group uses cookies to enhance your browsing experience and to create a secure and effective website. By using this website, you are consenting to such use.To find out more and learn how to manage cookies please read our Cookie and Privacy Policy.

If you would like to opt in, or out, of receiving news and marketing from LegalBeagles Group Ltd you can amend your settings at any time here.

If you would like to cancel your registration please Contact Us. We will delete your user details on request, however, any previously posted user content will remain on the site with your username removed and 'Guest' inserted.

Taxpayers to be saddled with 'rubbish' assets as banks protest over Northern Rock's '

Taxpayers to be saddled with 'rubbish' assets as banks protest over Northern Rock's '

Announcement

Court Claim ?