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Old 17-02-2008, 14:39   #1
andrewb
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Northern Rock Nationalised!

BBC NEWS | Business | Northern Rock to be nationalised

What does this mean for future banks? That they can take huge risks, making their board members richer, whilst still have the safety of falling back on nationalisation when their failed business model comes to a crash? or is it worth it, to save face for the rest of the financial sector in Britain that is still thriving?
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