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The Fall of Northern Rock: An insider's story of Britain's biggest banking disaster: An Insider's Story of Britain's Biggest Banking Disaster

The Fall of Northern Rock: An insider's story of Britain's biggest banking disaster: An Insider's Story of Britain's Biggest Banking Disaster

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Author: Brian Walters
Publisher: Harriman House Publishing
Category: Book

List Price: £10.99
Buy New: £4.91
You Save: £6.08 (55%)



New (22) Used (5) from £3.70

Rating: 2.5 out of 5 stars 9 reviews
Sales Rank: 47008

Media: Paperback
Edition: 1st edition
Pages: 176
Number Of Items: 1
Shipping Weight (lbs): 0.5
Dimensions (in): 8.4 x 5.4 x 0.6

ISBN: 190564180X
Dewey Decimal Number: 332
EAN: 9781905641802
ASIN: 190564180X

Publication Date: May 26, 2008
Availability: Usually dispatched within 1-2 business days
Shipping: International shipping available
Condition: BRAND NEW - ***Delivery usually * 2 - 3 * working days - From Aphrohead of SOUTHPORT, Lancs, UK *** . Priority Airmail used Worldwide on International orders. Thanks from all at Aphrohead.

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Customer Reviews:   Read 4 more reviews...

4 out of 5 stars Better than some people think   September 11, 2008
Rw Lawson
Some comments made on this book by Northern Rock insiders mistake it's purpose and the author never claims to have been at the centre of affairs. But it's got the basic facts right and helps to explain to those of us who are not Northern Rock employees of the impact of events on ordinary people.

It is a sober account that describes in sufficient detail the events as they occurred and his reactions to them. He correctly identifies the leak of the Bank of England funding which was publicised by the BBC in a dramatic way as one of the critical factors in the cause in the run on the bank, a factor that the Treasury Select Committee did not look into. The Government has also consistently refused to look into the source of this leak.

To those insiders who say there is more to add, I can only suggest they get down and write their own book rather than hide behind pseudonyms.

Roger Lawson, Chairman, Northern Rock Shareholders Action Group



1 out of 5 stars I agree   September 2, 2008
Terence Wallis (Dorset, UK.)
with rats, ships, & cashing in, as another reviewer has described this book. Avoid & read a financial newspaper or a like review of events in NR & be better informed.


1 out of 5 stars Complete Nonsense   August 10, 2008
Old Timer (Gosforth, Newcastle upon Tyne)
Having worked at NR for over 12 years, most of that time as an insider, I'm truly baffled as to how someone I've never even heard of can know so much! Avoid!


4 out of 5 stars northern rock   July 24, 2008
Peter P. Turner
0 out of 1 found this review helpful

very readable account of the northern rock crisis - written from an insider`s perspective - jargon free, layman friendly.


1 out of 5 stars Pointless doesn't begin....   July 17, 2008
Ringo (Tyne and Wear)
1 out of 1 found this review helpful

What an awful book! This would never have got anywhere near published if it weren't for the exploitation of the special circumstances. Walters quite obviously has almost no knowledge of the organisation - I do (yes I work for them and know 1000% more than this guy and yet would still not be able to write a reliable book of events). He misses so many points - running into dozens - that are so fundamental to what went wrong, but known only to insiders, that he cannot possibly be relied on. He never mentions individuals, except the highest profile. He attributes all sorts of feelings to Adam Applegarth - they may well be correct - but he has no way of knowing as he appears to have done almost no research. He didn't speak to me, or anybody I know, so where does he form his opinion.

Ex banker thinks network staff know more than HO staff. He's wrong. He's probably confusing seeing the symptoms (for example, bad customer service) with understanding the causes - something that cannot be done from outside the head office environment. Though Walters wasn't even really part of the network anyway - he spent a short time in a very marginal and shrinking section of the business, geographically remote from where the important decisions were being taken.


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