In message , Roland Perry
writes
In message 4752d820@qaanaaq, at 16:06:55 on Sun, 2 Dec 2007, Andy
Hall remarked:
Our government just spent ten times that bailing out a
second-division building society especially popular with
voters in its core constituencies.

That's true, and of course both should have been allowed to go to the wall.

An interesting comment in a d-i-y newsgroup. I can see why subscribers
to such a newsgroup would relish a housing crash,

Well, I would

as would have inevitably followed from a Northern Rock bankruptcy.

--
geoff