Before the noble Lord leaves the subject, he has admitted that Dolerite existed and that it was a SIV for Northern Rock. It would be nice to be told when it ceased to exist, whether it has been totally wound up, or whether it is merely in a slightly analogous situation to Granite, in that it has done no business with Northern Rock for some while. If it still exists, does it have any debts or finances that have been passed to it and which themselves are still linked to Northern Rock?
Banking (Special Provisions) Bill
Proceeding contribution from
Lord Marlesford
(Conservative)
in the House of Lords on Thursday, 21 February 2008.
It occurred during Committee of the Whole House (HL)
and
Debate on bills on Banking (Special Provisions) Bill.
About this proceeding contribution
Reference
699 c289 Session
2007-08Chamber / Committee
House of Lords chamberSubjects
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