The sub-prime crisis, the credit squeeze, Northern Rock and beyond: the lessons to be learnt
On 14 September 2007, after failing to find a 'White Knight' to take over its business, Northern Rock bank turned to the Bank of England ('the Bank') for a liquidity lifeline. This was duly provided but failed to quell the financial panic, which manifested itself in the first ful...
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Format: | Default Preprint |
Published: |
2009
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Online Access: | https://hdl.handle.net/2134/5105 |
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