UK Parliament / Open data

Banking (Special Provisions) Bill

Is there not a slight contradiction between that point and the hon. Gentleman's earlier statement, when he described what a poor state Northern Rock was in, citing the fact that many of the loans were no longer viable? I put it to him that either we want the firm to be successful and profitable, before going into the private sector, or we are going to cripple it, along the lines that he suggests, giving it no chance to achieve that. Surely the idea that a successful Northern Rock will undermine the rest of the financial sector is a bit overdone.

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Reference

472 c186 

Session

2007-08

Chamber / Committee

House of Commons chamber
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