Northern Roack Sir Richard Branson Luqman Arnold

It seems Sir Richard could lose out on Northern Rock providing him a rather large nest egg - it does make sense to allow Luqman Arnold, who really did sort out the Abbey, a chance to bid and run the bank as a going concern - there is profit there and if RAB and John Wood's SRM can, with other shareholders raise the money to appease the Bank of England and Darling Alistair's Treasury then surely it is better for all to carry on as established?

Yes of course some lending criteria needs to be tightened but Northern Rock never were an adverse lender, okay they might have income stretches, but they were always open and up front about them