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Ep 8: Northern Rock
How did a relatively unassuming Newcastle-based building society find itself at the centre of a major international news story?
To answer that very question, Ben and Glen seek to crack the code to the once the gilded vault of Northern Rock, a bank of Premier League status that would somehow find itself relegated to the ignominious annals of financial history.
From subprime mortgages to subprime executives, join us as we negotiate an economic quagmire to uncover what exactly went wrong in 2007, and how it provided a vital lesson for the global financial community.
So please, lend us your ears, and we'll be sure to pay you back with interest.
*
Includes audio courtesy of the BBC and Channel 4, used for informational and commentary purposes. North by North-East does not claim copyright over this material.
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By North by North East PodcastHow did a relatively unassuming Newcastle-based building society find itself at the centre of a major international news story?
To answer that very question, Ben and Glen seek to crack the code to the once the gilded vault of Northern Rock, a bank of Premier League status that would somehow find itself relegated to the ignominious annals of financial history.
From subprime mortgages to subprime executives, join us as we negotiate an economic quagmire to uncover what exactly went wrong in 2007, and how it provided a vital lesson for the global financial community.
So please, lend us your ears, and we'll be sure to pay you back with interest.
*
Includes audio courtesy of the BBC and Channel 4, used for informational and commentary purposes. North by North-East does not claim copyright over this material.