Timmy Elsewhere

At The Business.

This Northern Rock workout. Ain\’t gonna look pretty at the end of it.

3 thoughts on “Timmy Elsewhere”

  1. It’s well known that your Northern Rock coverage has not been the best. This paragraph – first you’re quoting a journalist’s interpretation…

    (by the by, that “uneconomic fashion” means “making losses” don’t it? And, umm, without shareholders, who carries those losses? Umm, you and me, as taxpayers?).

    and secondly, no, it doesn’t necessarily mean that – it means perhaps looking only to the very short-term, not the long-term, ie with no wish to expand. Which of course is what NR.

  2. It’s well known that your Northern Rock coverage has not been the best. This paragraph – first you’re quoting a journalist’s interpretation…

    (by the by, that “uneconomic fashion” means “making losses” don’t it? And, umm, without shareholders, who carries those losses? Umm, you and me, as taxpayers?).

    and secondly, no, it doesn’t necessarily mean that – it means perhaps looking only to the very short-term, not the long-term, ie with no wish to expand. Which of course is what NR needs to do.

    Tim adds: “It’s well known that your Northern Rock coverage has not been the best.” It is?

    Please ( and I do mean this seriously) direct me to the best: so that I may learn.

    I don’t do this stuff for you you know, it’s entirely so that I learn more.

Leave a Reply

Your email address will not be published. Required fields are marked *