Northern Rock record taxpayer losses (04Aug09)

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The bank Northern Crook runs up a huge £700m+ loss for the taxpayer to pay thanks to their lending policies. Congratulations to New Labour for their total lack of regulation of the banks, which created the first run on a UK bank in over 100 years. And still New Labour think their “Tripartite” regulator system works….. if it worked, there wouldn’t have been the only government to cause a run on a bank! Using the 1pm version as BBC reporter Robert Peston gives a legendary idiotic / simplistic outlook for Northern Crook and the taxpayers liabilities. Recorded from BBC 1pm News, 04 August 2009.

February 19 2010 07:12 pm | Loans

5 Responses to “Northern Rock record taxpayer losses (04Aug09)”

  1. karuspery on 19 Feb 2010 at 7:12 pm #

    @croemar
    Google Common Purpose
    Julia Middleton
    and Robert Peston and Common Purpose.
    Brian Gerrish has exposed them.

  2. karuspery on 19 Feb 2010 at 7:12 pm #

    Robert Peston is a high ranking member of Common Purpose,started in the UK by Julia Middleton. BBC is pretty much run by Common Purpose as are most councils etc.
    Google them. EVIL.

  3. croemar on 19 Feb 2010 at 7:12 pm #

    Banking propaganda

  4. britdog01 on 19 Feb 2010 at 7:12 pm #

    Report the truth beeb.

  5. ZupaSC on 19 Feb 2010 at 7:12 pm #

    Thanks for posting - Aunty Beeb really hasn’t a clue.

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