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Rocking Back to the Crisis

The Lessons from Northern Rock

The global liquidity crisis commenced in the summer of 2007 and by September the "rock," as it was euphemistically known, approached the Bank of England for an emergency loan, an event that witnessed the first run on a British Bank in 140 years once it was public news. Five months later it was nationalised and eventually broken up....to continue kindly follow the LINK

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