Eurovision Bailout Contest

Eurovision Bailout Contest

Mapping the meltdown across the Atlantic.

Posted Monday, October 6, 2008 - 4:15pm

Bank: Northern Rock; mortgage lender, insurer, and savings bank

Head office: Newcastle upon Tyne, United Kingdom

Assets: 55 billion pound mortgage portfolio

Major action: Feb. 22: taken over by U.K. government after having borrowed 26 billion pounds from the Bank of England.

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