Northern Rock - The Depression

Northern Rock (October 2007)
Norther Rock - Update (November 2007)
Northern Rock - Another Update (March 2009)
Northern Rock - Lending Policy

The latest Northern Rock revelations are devastating for the government. They illustrate the absolute incompetence (at best) in the entire affair. At worst it could theoretically have all been engineered. Rather like Brown's government that oversees itself spending itself out of recession. The country is in a dreadful condition in just about every conceivable way and Brown's answer is the deluded upbeat message: it's all OK. Nothing to worry about. If Brown wanted to torpedo UQ (aka UK) Ltd he's done a fine job. A competent (!) wrecking crew.

• What the thinking could be regarding the Olympics 2012 is quite unimaginable

Olympic Fund: Raided
Olympic Lottery
Olympic Scheme
Olympic Torch

Do not forget Adam Applegarth who walks from all this. These were the days before the infamous Fred 'The Shred' Goodwin came to more general public notoriety.