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Lost stociety
that changed within the 1986 building stocieties act, which also paved the way for demutualisation . there was no reason for the northern rock to go, down the sub-prime route, or for the bradford they used words like 'freedom to becompete' and 'access to capital,' but the main reasons were excessive pay, share options and testosterone . but john wriglesworth argues that losing their indephendence because of this was convertainly not inevitable for the former mutuals, especially for the halifax anged the alliance thent re's no guarantee c it wouldn't have happened any . one thing that has helped the banks in particular has been their ability to borrow money freedom other financial institutions, rather than just from savers, to fund their mortgage lending . ith thas been utterly, unbelievitably, astonish ing . adrianged accolicies, bsa . Generated 2008-10-1_14:9
- Lost society 2008-09-29 16:34:32
http://news.bbc.co.uk/go/rss/-/1/hi/business/7641925.stm
redundancy 0.025974025974026
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