Leslie Hardy - Articles

Leslie Hardy is the UK Chairman of Wellington Estates Ltd, a north Cyprus property development company. Further information and articles can be found at http://www.wellestates.com North Cyprus Property

• Northern Rock And Bear Stearns - A Comparison
  26/03/2008 | Mortgage
  The dramatic rescue of Bear Stearns by the Federal Reserve Bank over the weekend of 15 March 2008 was a bold and imaginative move to protect the international reputation of US financial markets. The timely rescue of Bear Stearns invites comparison with the dismal dithering of the UK authorities in their handling of Northern Rock. Read
  
• Northern Rock - How A Problem Became a Disaster
  12/03/2008 | Banking
  The UK government's mishandling of the liquidity problem at Northern Rock exacerbated matters. The episode demonstrates the failure of the tripartite regime and bodes ill for the future of the bank under nationalisation. Read
  
• Northern Rock Is Nationalised - What Does This Mean ?
  07/03/2008 | Mortgage
  The UK government took the unexpected and controversial move to nationalise Northern Rock. What does this mean for shareholders, depositors and mortgage customers ? Read
  
• Northern Rock - Shareholders Are Not Seduced By Virgin
  01/03/2008 | Mortgage
  Sir Richard Branson of the Virgin Group is the UK government's preferred bidder for Northern Rock. But he is facing hostility from shareholders. Read
  
• Would You Borrow $80bn From This Man ?
  20/11/2007 | Banking
  Mervyn King, the Governor of the Bank of England, has offered 3 month loans, in the sum of $80bn, to beleagured UK banks. But there are no takers. Read
  
• Why Did Northern Rock Call in the Bank of England ?
  11/10/2007 | Non-Fiction
  The rescue of Northern Rock plc by the Bank of England indicates the serious repercussions of the subprime mortgage crisis. The high levels of consumer debt are also being questioned. Read
  
• Bank Of England Shipwrecked On Northern Rock
  06/10/2007 | Finance
  The handling of the liquidity crisis at Northern Rock by the UK authorities has become a major embarrassment for the government and Gordon Brown in particular. The new Prime Minister has always stressed his achievements as Chancellor of the Exchequer during the period 1997 to 2007, while he was waiting... Read
  
• Northern Rock - A Bank Built On Sand?
  06/10/2007 | Finance
  The confirmation by the Bank of England of support for Northern Rock plc on 12 September 2007 is the first major sign of international fallout from the collapse of the US subprime mortgage lending market. In the US, lenders such as New Century Financial Corporation, the second largest subprime lender in... Read
  
• Stress in the Home and Family
  21/08/2007 | Non-Fiction
  Stress is not limited to the workplace. Many people have difficulty in coping with the demands of contemporary living,including home and family life. Read
  
• Stress at Work - What are the Danger Signs ?
  17/07/2007 | Non-Fiction
  Many people suffer stress at work yet, if challenged, they will deny it as a disclosure of stress is often considered an admission of failure. Read