Hall, Maximilian J.B. - In: Journal of Financial Regulation and Compliance 16 (2008) February, pp. 19-34
Purpose – On 14 September 2007, after failing to find a “White Knight” to take over its business, Northern Rock bank turned to the Bank of England (the Bank) for a liquidity lifeline. This was duly provided but failed to quell the financial panic, which manifested itself in the first...