NORTH­ERN ROCK ROCKED

Midweek Sport - - THURSDAY AUG 9 -

NORTH­ERN Rock made its money of­fer­ing mort­gages to peo­ple with less than

sparkling credit rat­ings.

It turned out to be a dis­as­ter re­sulted in ruin and the na­tion­al­i­sa­tion of the bank.

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