Britains Northern Rock reports heavy six-monthly losses
London - Britains Northern Rock mortgage lender, which was nationalized in the wake if the credit crisis, reported losses of 585 million pounds (1.17 billion dollars) Tuesday for the first six months of 2008. The Newcastle-based bank, which was take...

[ Published on : Mon, 18 Aug 2008 08:34 ]

Britains Northern Rock feels pain of recovery - Summary
London - Britains nationalized mortgage lender Northern Rock unveiled massive half-yearly losses of 585 million pounds (1.17 billion dollars) Tuesday, prompting a government pledge to inject a further 3 billion pounds of taxpayers money into the ai...

[ Published on : Mon, 18 Aug 2008 08:34 ]