Some of the most memorable images of 2007 - if not of the decade - are those of people queuing outside branches of Northern Rock to withdraw their money. They are images from another age, or from another country, surely this could not have happened in the UK in the twenty-first century! But this is not how Brian Walters - author of "The Fall of Northern Rock" - remembers the bank. He, and likely many other employees, remember it as a good place to work, and is proud of its success and its role as the largest private sector employer in the north-east of England.This book is his inside story of the rise of Northern Rock, becoming one of the most respected and envied financial institutions in the UK, and its subsequent spectacular collapse. This book tells of his personal experiences at Northern Rock before, during and after the crisis, and comments on the events that unfolded around him and what impact they had on the business and the people within it. This first-hand account also explores the causes of the crisis and whether it could have been avoided.
"The Fall of Northern Rock" is essential reading for anyone wanting to understand the story behind the first run on a British bank since 1866.