During the economic crisis of 2008, many countries faced bankruptcy and financial problems. Even the big powerhouses had troubles.
And in Britain, one bank could have cost the country a lot of money. And thanks to a reporter, the truth came out. We have to point, at the time, the reporter, Robert Peston, nearly ruined Britain.
It is a classic case of “shooting the messenger”. The logic for many people was that if he would kept quiet, what happened next might not have happened.
He revealed a lot of information about Northern Rock. For more than 8 years, the bank collected assets and money. And when they lost money, it came out of the pockets of the people.
Take a look at the documentary explaining the big Northern Rock crisis of 2008.
A growing debt crisis, dwindling forex reserves and soaring inflation have pushed Pakistan to the brink of an economic disaster.These were some of the factors which contributed to ...
Sri Lanka, formerly known as Ceylon and officially the Democratic Socialist Republic of Sri Lanka, is an island country in South Asia. It lies in the Indian Ocean, southwest of the...