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The Great Bank Bale Out – where are the strings?
So, the British government baled out Northern Rock. That seemed bad enough, but at least it was more of a cheap loan than a bottomless pit. This week HBOS was incomprehensibly brought to its knees by...
View ArticleThe Global Credit Crunch – it’s not all bad news
Ok so the Credit Crunch will throw the financial sector into turmoil for the next few years but lets look at some positives that have come out of this. I’ll start things of: 1) My mortgage is cheaper...
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