Showing posts with label Northern Rock. Show all posts
Showing posts with label Northern Rock. Show all posts

Sunday, February 17, 2008

Channel 4 News animated political cartoon - Northern Rock


Please click the picture for the latest Hack at Channel 4 News Northern Rock cartoon.
The inevitable nationalisation has been announced after the temptation of private enterprise with oodles of taxpayers cash was found to have failed. There's some typically pithy analysis from Paul Linford here, although it was written pre-the Rock nationalisation announcement. Today's Channel 4 News cartoon published here.
UPDATED: There is also an FACTCHECK analysis from Channel 4 here about the shifting position on nationalisation over the past five months.

Matt Buck’s animated drawings

Tuesday, December 18, 2007

Northern Rock cartoon news

Graphic to display if Flash Player is not available.
Quite a bit more of our money appears to be committed to bailing out the shareholders and important parliamentary seats in the North East of England.
18th December 2007

Matt Buck’s animated drawings

Monday, November 26, 2007

Northern Rock and Richard Branson news

Graphic to display if Flash Player is not available.
Famous opportunist moves in on the Rock. Why might he do this? Well, you could read this, or, you might prefer to get the fuller tale of hubris that allowed him the opportunity, here. Today's spin is that the crisis is nearly over, I'd bet it isn't and don't bet that Branson and his associates are going to get the former bank either...

Matt Buck’s animated drawings

Wednesday, November 21, 2007

Channel 4 News-animated political cartoon-Northern Rock

Graphic to display if Flash Player is not available.
Published here and above.
20th November 2007

Matt Buck’s animated drawings

Wednesday, November 07, 2007

Channel 4 News-animated political cartoon-The credit crunch

Graphic to display if Flash Player is not available.
The consequences of reckless lending. Thanks to the Governor of the Bank of England, Mervyn King, and the Chancellor of the Exchequer, Alastair Darling, for such an entertaining and highly public argument. 7th November 2007. Published above and here.

Matt Buck’s animated drawings

Monday, October 22, 2007

Northern Rock news

The Economist takes a long view of the story and why it still matters. It is well worth a read. This weekend's PR spin was about Rock Chairman, Matt Ridley, (a former Economist employee) not receiving any payoff as he leaves his job. But there was also another little story, about the small matter of another £3bn loan from the Bank of England to prop up the ailing institution. Total Rock borrowing from the Bank of England (the taxpapyer, if you like) is now believed to be in the region of £16bn. If you believe what Hemscott are reporting, Northern Rock's funding problems remain acute.

Matt Buck’s animated drawings