Forget the World of Financial Fantasy ; Northern Rock Is Lending Again, and Offering Up to 90 Per Cent Mortgages. To Hear This Is Rather Like Listening to a Story of the Titanic Having Another Go at Hitting the Iceberg.

Western Morning News, The › March 12, 2009

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Summary

Northern Rock is lending again, and offering up to 90 per cent mortgages. To hear this is rather like listening to a story of the Titanic having another go at hitting the iceberg.

The appalling murder of soldiers in Northern Ireland by republican dissidents has brought the usual tough response from Prime Minister Gordon Brown, who assures us that the culprits will be caught and brought to justice.

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Extract

Forget the World of Financial Fantasy ; Northern Rock Is Lending Again, and Offering Up to 90 Per Cent Mortgages. To Hear This Is Rather Like Listening to a Story of the Titanic Having Another Go at Hitting the Iceberg.

Add the comments of some in the business community that "we need to get the housing market moving again" and you really do wonder where they have been over the last two years. These are the very toxins that led to the poisoning ...

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