Northern Rock turns away customers as deposits surge

British lender Northern Rock is being forced to turn away customers after being deluged with people seeking the safety of a deposit with a state-run bank.

Webmaster's Commentary: 

So, the banks that screwed up and wound up nationalized get the customers, and the banks that were run well enough to stay out of trouble suffer for it.

Posted on Oct 11, 2008 at 14:55
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