Which way people?
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Northern Rock : Monday Share prices
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Northern Rock : Monday Share prices
44Go through the roof2.27%1Moderate gain4.55%2Stagnate4.55%2Slight Loss25.00%11Tank43.18%19Shares Suspended13.64%6Mayhem, power cuts & pestilence6.82%3The poll is expired.
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I think they may have recovered but I think more and more people will want to withdraw money having seen the "difficulties" that other people are having accessing and withdrawing the money.
NR will crash and burn. Someone will buy them and hike the mortgage rate .25% house prices will fall.
Doomed!Comment
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Tank.
The general public are as thick as a herd of sheep and their run on Northern Rock will continue and spread to other banks. General loss of confidence in whole banking sector followed by much discussion and hot air. It will all calm down in a few weeks as the BoE bails out the rotten lenders with tax payers' money.Cats are evil.Comment
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Tank,
Northern Rock is a hard-nosed, aggressive bank only interested in hooking people in. Once they get savers the rates drop like stones.
Maybe the sheep will get better deals elsewhere..."I can put any old tat in my sig, put quotes around it and attribute to someone of whom I've heard, to make it sound true."
- Voltaire/Benjamin Franklin/Anne Frank...Comment
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A friend of mine who works for Barclays was stood outside the Cambridge branch of NR poaching customers on Friday.
She was reeling them in for fun!
Her commission has gone through the roof!Comment
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Originally posted by Churchill View PostA friend of mine who works for Barclays was stood outside the Cambridge branch of NR poaching customers on Friday.
She was reeling them in for fun!
Her commission has gone through the roof!Behold the warranty -- the bold print giveth and the fine print taketh away.Comment
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