Friday, 14 September 2007

We want our money

http://www.ft.com/cms/s/0/f09ec422-6294-11dc-b3ad-0000779fd2ac.html

All day long, the branch of Northern Rock at the end of Post House Wynd has had a long queue of people outside, desperate to get their money out. It's been like that for 6 hours now. God knows how much has been withdrawn or what the effect on the bank's liquidity has been.
Customers of ours who work for other banks on the High Row have been rushed off their feet all morning with people marching in waving their Northern Rock cheques, looking to open new savings accounts.
Clearly the Government's message that there's nothing to panic about isn't getting through.

1 comment:

Aeres said...

Best quote so far: "I'm not panicking in the slightest - but as everybody else is I've got no choice but to withdraw my money as well".

You couldn't make it up!