This is really rather good actually:
Perhaps the best that can be hoped for in current circumstances is that Northern Rock is restored as the successful mutually-owned building society it was before the carpetbaggers arrrived.
And I\’ll have a pony while I\’m about it.
Of course, mutually owned means that the depositors own the business. So that if as and when there\’s a run on it, said depositors lose both their capital and their deposits. An excellent solution Seumas, quite excellent.