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northern rock

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  • homer_j_3
    homer_j_3 Posts: 3,266 Forumite
    Is it other banks not trusting NR with their money or those banks not having the ability to lend their money because they may need it for their own liabilities?

    As I have said, its not sad that people want to move their money, after all I can understand the mass panic created by the media. That said, there is always more that one side to the story but I am still of the opinion that their money is safe.
    I am a Mortgage Adviser
    You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
  • i think you shouldn't worry with the BOE bailling them out - or supporting them they will be ok.
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