From: RobertL
Newsgroups: uk.finance
Subject: can Building Societies only lend what savers have deposited?
Date: Fri, 14 Sep 2007 06:30:09 -0700
posting-account=ps2QrAMAAAA6_jCuRt2JEIpn5Otqf_w0
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Is it the case that Building Societies can only lend to borrowers the
money that has been deposited with them by savers? There was
pressure for them to be allowed to borrow funds from a wider range of
sources but I dont't remember if anything changed as a result.
Robert
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