Leslie Hardy's Articles in Mortgage

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Northern Rock And Bear Stearns - A Comparison The dramatic rescue of Bear Stearns by the Federal Reserve Bank over the weekend of 15 March 2008 was a bold and imaginative move to protect the international reputation of US financial markets. The timely rescue of Bear Stearns invites comparison with the dismal dithering of the UK authorities in their handling of Northern Rock. Northern Rock Is Nationalised - What Does This Mean ? The UK government took the unexpected and controversial move to nationalise Northern Rock. What does this mean for shareholders, depositors and mortgage customers ? Northern Rock - Shareholders Are Not Seduced By Virgin Sir Richard Branson of the Virgin Group is the UK government's preferred bidder for Northern Rock. But he is facing hostility from shareholders. Why Did Northern Rock Call in the Bank of England ? The rescue of Northern Rock plc by the Bank of England indicates the serious repercussions of the subprime mortgage crisis. The high levels of consumer debt are also being questioned.

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