The Bank That Almost Broke Britain

  • Published 1 year ago
  • 3.5

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.

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