All Your Questions Answered ; Rock Turmoil: Confidence Begins to Return As Customers Are Told Their Funds Are Guaranteed Safe Northern Rock's Deputy Chief Executive David Baker Answers Questions On the Situation at the Bank

Summary


Q: What would happen to the Northern Rock Foundation in the event of a takeover?

A: The foundation continues because they /Areceive a payout and they would then use that money to continue to generate income going forward. At the moment we are not discussing takeovers or any other competitor's activities. We are just focusing on managing the current situation.

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All Your Questions Answered ; Rock Turmoil: Confidence Begins to Return As Customers Are Told Their Funds Are Guaranteed Safe Northern Rock's Deputy Chief Executive David Baker Answers Questions On the Situation at the Bank

Q: How can Northern Rock continue when some of its customers appear to have lost faith in its management?

A: People have got alarmed...

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