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Old 17-11-2011, 12:17   #12
Chris
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re: Virgin Money takes over Northern Rock

Quote:
Originally Posted by slowcoach View Post
I don't think you were meant to notice that seeing as how it was tacked on at the bottom of the article, it makes all the figures mentioned totally meaningless as the toxic debt could eventually wipe out everything and more...
The 'article' you linked to was a Virgin press release. Obviously they're not going to want to talk about toxic debt.

Robert Peston at the BBC has blogged about it in a slightly more balanced fashion over here:

http://www.bbc.co.uk/news/business-15770011
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