Rock-y road

10 Jan 2008 By Jeffrey Goldfarb

A sale of the stricken UK lender doesn t look promising. As the Rock begins unloading assets, Goldman Sachs idea is to sell the government s £26bn of loans as bonds with an insurer s guarantee. Wait a minute. Isn t that how the whole mess started?

This content is for Subscribers only


Email a friend

Please complete the form below.

Required fields *


(Separate multiple email addresses with commas)