
BLOG: Northern Rock: The Forgotten Harbinger of the Global Financial Crisis
By Bishoy Megalla, Yale University
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During the early days of 2007, Northern Rock stood as the fifth-largest bank in the United Kingdom by mortgage assets; with £113.5 billion in assets, the bank had grown tremendously from its origins in the twentieth century as a simple building society. Continue reading BLOG: Northern Rock: The Forgotten Harbinger of the Global Financial Crisis