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northern rock
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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 AdviserYou 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.0 -
i think you shouldn't worry with the BOE bailling them out - or supporting them they will be ok.0
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