X

Northern Rock debt and tax payer’s money

It appears that the Northern Rock saga will probably continue to roll on (pun!) until next year. Pity. Don’t worry though, the reputation of British banking and future of £24 billion (and counting) of tax payers money is in the hands of the Daily Mail readership’s financial expertise.

"Close all branches, make all staff redundant, sell all property, refund all deposits and sell off mortgage book to highest bidder. Then pay off as many debts as possible with the realised assets. Stop this seemingly unlimited cash cow NOW! Sounds hard & I feel sorry for the staff. However, that’s probably what any buyer would do anyway & it’s certainly what the banks would do to any normal business in that kind of debt!" Simon Bailey, Long Eaton, UK
"How very Nu Labour, I say Darling you had better ask Cyclops McBroon for permission to get this sorted don’t you think! Funny how unlimited amounts of our money can be found to bail out the Scottish Mafia who currently appear to be selling off our country!" Gh, Darwen

"How can anyone trust a guy with two slugs for eyebrows?" Bob Tucker, Northwich
"Be a brave boy Darling, leave this lot go to the wall, then you can truly say that lessons have been learned. Burn investor burn." William Owen, Cardiff Wales

"Probably would have been cheaper to let the company go bust in the first place" Cww, Ipswich, Suffolk

Related Post