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.
The Goldman Sachs Group, Inc., is an American multinational investment bank and financial services company headquartered in New York City. It offers services in investment manageme...
Nearly 9 million people in the United States of America lost their job during the 2008 financial crisis. The economic crisis changed the country.It all started due to excessi...