From: John Boyle 
Newsgroups: uk.finance
Subject: Re: BoE loan to Northern Rock
Date: Mon, 5 Nov 2007 20:01:26 +0000
Bytes: 1327

In message , Martin 
 writes

>Now presumably, a month earlier, this money was being lent to others

No it wasnt.
> (to
>obtain a fair return for the BoE) and would then have had to be clawed back
>almost instantly to meet NR's needs.  This sounds implausible... so can
>someone possibly clarify this, please?
>

-- 
John Boyle