Northern Rock to Offer 90% Mortgages to Boost Revenue, FT Says

http://noir.bloomberg.com/apps/news?pid=newsarchive&sid=aUZL88Cnf9JE

I wonder what will happen to NR when the UK real estate bubble bursts


They are back to their old habits of pre 2008 crash


Again like the GM example - just seen before - the main days are back again


Happy car and house buying with no or 10% interest in US and UK


This only lasts until the carpet is pulled from under your feet