Which of the following was not received by Northern Rock as official support from the UK banking and government authorities?
A . A covert money market support operation designed to cover up the difficulties Northern Rock was facing
B . The Bank of England’s role as Lender-Of-Last-resort was activated at a penalty interest rate of 150 basis points above the Bank Rate
C . The UK government offered to guarantee all existing and new retail deposits, and to most other creditors
D . The Bank of England provided an additional unlimited facility secured on the collateral of all Northern Rock assets
Answer: A
Latest 8009 Dumps Valid Version with 110 Q&As
Latest And Valid Q&A | Instant Download | Once Fail, Full Refund