NRK Orphans

[milanbenes]

http://www.telegraph.co.uk/money/mai.../cnrock101.xml


'The result is likely to mean many will remortgage on "far higher rates than they would have expected six months ago", Mr Boulger added. Other customers, such as those on the now-defunct "Together" mortgages that offered borrowers up to 125pc of the value of a property, will struggle to find another lender. ',


125pc of the value of the property !!!

Milan.

[milanbenes]

but there are some winners...

'The bank confirmed former chief executive Adam Applegarth received £785,000 last year and will be paid a further £760,000 in compensation for loss of office. He also remains eligible for the Northern Rock pension scheme, which will pay him £304,643 annually when he turns 55 - in 2018.',


Milan.

[BrilloPad]

but there are some winners...

'The bank confirmed former chief executive Adam Applegarth received £785,000 last year and will be paid a further £760,000 in compensation for loss of office. He also remains eligible for the Northern Rock pension scheme, which will pay him £304,643 annually when he turns 55 - in 2018.',


Milan.

And 10k in security to keep the orphans at bay...

[threaded]

And 10k in security to keep the orphans at bay...

And the rest.

I know some of these guys who do this corporate-security gig and they ain't cheap, and many of these directors are so hopeless it is scary, they fail to do stuff, normal everyday stuff, like renew their passports, make sure they have a driving license... You'd think their PAs and secretarys would do many of the things that security do, but they're often equally hopeless. Everyone of them I've met would be completely at a loss if they didn't have so much money.