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01-22-2008
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#1 (permalink) |
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Senior Member
Join Date: Dec 2006
Posts: 35,579
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Loans to bonds scheme may save Northern Rock
British Chancellor of the Exchequer Alistair Darling was expected to unveil plans for Northern Rock overnight after reports he intended to convert £25 billion ($64 billion) of loans to the bank into bonds to help attract bidders.Darling...
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