The Business Report: In U.K., credit woes loom (The Wall Street Journal Europe, 24 Sep 2007, Page 1)

Monday, September 24, 2007

In U.K., credit woes loom (The Wall Street Journal Europe, 24 Sep 2007, Page 1)

In U.K., credit woes loom
By Carrick Mollenkamp And Mark Whitehouse
The Wall Street Journal Europe
24 Sep 2007

The immediate danger for depositors of British mortgage lender Northern Rock may have passed, but the company’s troubles highlight a greater threat ahead: the broader impact of the global credit crunch on the U.K.’s housing market and the world’s... read more...