Submitted on Sunday 20th November 2011
Published on Monday 21st November 2011
Current status: Closed
Closed: Wednesday 21st November 2012
Signatures: 5
Tagged with
Debate over the sale of Northern Rock
Northern Rock has been sold at a cut price to a private investor at expense to the British taxpayer.
The taxpayer had no choice in contributing billions to the bailout of Northern rock and no choice on the sale or price and timing of that sale to private investors but now on top of that we learn of a secret deal, involving "European authorities" that ensured Northern Rock had to be sold by 2013!
What was this secret deal, who exactly was it made with and why was it made and most of all why were the British taxpayers not informed about it?
These are very important issues and they relate directly to issues regarding insider trading (Who knew of this deal and who did not)
Essentially the taxpayer was forced to buy a bad company and pay over the odds and then forced to sell this company at cut price.
This issue has much wider implications too so let's have it openly debated and get some answers!
You can't sign this petition because it is now closed. But you can still comment on it here at Repetition.me!
13.59.82.167 Thu, 02 May 2024 13:27:59 +0100
