tag:blogger.com,1999:blog-2249851329008146395.post6654743897456122304..comments2023-10-30T09:11:12.922-07:00Comments on Clouded Outlook: When a bank goes.....Alice Cookhttp://www.blogger.com/profile/05753570123987780947noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-2249851329008146395.post-32901204023839715822009-03-20T07:06:00.000-07:002009-03-20T07:06:00.000-07:00But wouldn't it have been even better if they ...But wouldn't it have been even better if they had instantly agreed to guarantee sy £500,000 deposits for existing bank customers.<br>That dreadful inaction and Brown's [now almost forgotten, but he had form} indecision caused a bad situation to get worse.<br><br>My main recollection of NR from the TV was all the media types huddling around the Northern Rock branch in Kingston-upon-Thames, interviewing the same queue of pensioners.<br>Kingston being just a short hop on the district line and a cab ride from Wimbledon away from BBC HQ.<br>Good shopping too and no hard to understand accents.Bill Quango MPhttp://www.blogger.com/profile/14861116614665461655noreply@blogger.comtag:blogger.com,1999:blog-2249851329008146395.post-79685716780810528562009-03-20T09:54:00.000-07:002009-03-20T09:54:00.000-07:00"horse, bolt, barn door": only in the US..."horse, bolt, barn door": only in the US, dear. Hereabouts it's "stable", not "barn".The Pedant's Apprenticenoreply@blogger.comtag:blogger.com,1999:blog-2249851329008146395.post-49123481668397998282009-03-20T09:58:00.000-07:002009-03-20T09:58:00.000-07:00True, but once they'd made that loan and natio...True, but once they'd made that loan and nationalised it, they were in fact doing the right thing - not making any new loans and encouraging borrowers to remortgage elsewhere - the taxpayer loan was being repaid ahead of schedule - leaving all the crap behind.<br><br>That is, until recently.<br><br>NB - when a customer withdraws his or her money, that's not actually a loss to the bank, it just forces them to refinance with something else.Mark Wadsworthhttp://www.blogger.com/profile/07733511175178098449noreply@blogger.comtag:blogger.com,1999:blog-2249851329008146395.post-75075686178693300602009-03-20T22:18:00.000-07:002009-03-20T22:18:00.000-07:00Such happy days.Such happy days.Anonymousnoreply@blogger.com