Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Branson hasn't been 'struggling to finalise a deal.' Branson and the other eager suitor have been struggling to find someone stupid enough to lend him the £11bn the BoE wants paid back immediately.

If it were that easy to borrow £11bn - except from the BoE - NR would never have gone down in the first place.

So this will be another example of Colman's law - bail out->nationalise->privatise at a giveaway price->trebles all round!

Darling will probably lose his job over this. Eventually.

by ThatBritGuy (thatbritguy (at) googlemail.com) on Fri Dec 14th, 2007 at 07:44:35 AM EST
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...Chavez and Morales are on the phone laughing their butts off, joking about the Bank of the South making a bid post-nationalization.

Our knowledge has surpassed our wisdom. -Charu Saxena.
by metavision on Fri Dec 14th, 2007 at 03:52:58 PM EST
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