17.SepNorthern Rock paparazzo

If you live in the UK or if you live to watch the goings-on in the money market, then you’re familiar with the problems reported with the financial giant Northern Rock. If not, then here’s the gist: Eventhough the Rock’s market is the UK, it was affected by the growing mortgage problems in the USA. Major lenders turned it down for a fund injection. BUT the Bank of England loaned them an undisclosed sum to tide them over (an unprecedented move). AND the Chancellor spoke to say that there’s no need to panic as they guarantee that the savings accounts are not affected by the problem at all.

Anyway, as expected the savings account holders were queueing around the UK, cashing in. The shares of Northern Rock continue to plummet. And a colleague and myself have been speculating whether we ought to buy some of those as a likely buyout can trigger an upsurge. Anyway I can go on & on about boring details & market news but that’s not what my post is about.

My corner of the office faces a Northern Rock branch. The morning of the news about their problems, I noticed a man taking pictures across the street. I didn’t think anything of it, our office is next to the gherkin so I assumed it was just another tourist. Then before I lunched I looked out again & I saw two photographes in the same spot as the first. Ah! So I whipped out my Nokia & took their pictures.

the photographers… I wonder how much they earn…

That was Friday. Then this morning, I saw a queue of mostly OAPs were already there! The queue would have grown longer had the branch remained shut for a while longer. By around lunchtime we saw staff giving away FREE coffee! I wanted to sprint & stand at the end of the queue for a while, freebies make me do strange things. The branch also put a burly doorman in front of the queue and a blonde woman just inside the main door.

the queue at around 730am

…and around 10am

I wonder what sight awaits me tomorrow?

This entry was posted on Monday, September 17th, 2007 at 8:36 pm and is filed under british nga, news. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

6 Responses to “Northern Rock paparazzo”

  1. sha Says:

    i may not be in england now but before i could open my eyes fully and crank my brain nor have the kettle buzz with life, my brain tells me to switch on the sat tv fo sky news 830 french time, 730 uk time…. so i basically know what is happening there…

    think you just have to learn how to live with it… if you work in the city all these scandals and paparzzo

  2. auee Says:

    oh I am enjoying it… Dati lang I’m reluctant to whip out my camera phone. But now that I’m blogging hehe I wish I have a proper cam!

    Hi Sha got your email :-)

  3. annamanila Says:

    Now the papparazzos are getting a dose of their own medicine .. and they don’t know. Sell your photos>!

  4. auee Says:

    anna, hay kung pwede nga lang I will.
    ;-P

  5. pining Says:

    just goes to show how the Brits love to queue he he

  6. auee Says:

    ah kaloka minsan ‘no? Like in our place, there’s one bust stop that service at least 10 different bus routes, but the people insist on a single queue. It’s insane as when the bus you want arrives & you’re at the end, everyone just rushes forward anyway, basically trampling those in front that do not want it.

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