Monday, 11 February 2008

"And the award for the most shameless junket goest to..."

And the award for most shameless junket goes to ... Northern Rock

Independent on Sunday, 11/02/2008

Another awards ceremony, Another set of red faces. The first nominee to come out of the hat at last Tuesday's Mortgage Strategy Awards 2008 was blackandwhite.co.uk. This provoked much mirth, as the company has gone into administration after pulling out of the regulated mortgage market. Needless to say, blackandwhite did not win an award, unlike quasi-nationalised Northern Rock, which somehow found the money to pay £3,000 for a table where the champagne, naturally, flowed. Robin Ashby (pictured), spokesman for the Rock's small shareholders and tireless campaigner against its nationalisation, was not impressed. "While they're trying to say it's business as usual, it would be helpful if they were more frugal with optional entertainment opportunities," he told us.

http://www.independent.co.uk/news/business/analysis-and-features/the-diary-780371.html

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