Wednesday, 14 November 2007

Northern rot Merril Lynch Citigroup BofA Blackstone

Seems Northern Rock debts may last in to 2010 since the 'advisory' forum of Merrill Lynch Blackstone and Citigroup reckon £5.9 billion pounds could still be outstanding even 3 years hence.

Mervyn King seems to be personally annoyed, if not shaken at the fire directed toward the BofE over and post the Northern Rot fiasco - quiet wrongly we think (ish), pray tells us please, Gordon Brown and or Alastair Darling - do they have accountancy and or economics degrees and then so pratcial experience?

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