The purpose of this paper is to offer an initial assessment of the Northern Rock (NR) crisis.
The paper describes the context of financial market turmoil and the multi‐dimensional aspects of the crisis.
The central finding of this paper is that the NR episode is a multi‐dimensional problem and reflects a complex set of inter‐related problems.
The paper brings together some of the strands of the analysis and addresses several lessons that can be learned.
Llewellyn, D. (2008), "The Northern Rock crisis: a multi‐dimensional problem waiting to happen", Journal of Financial Regulation and Compliance, Vol. 16 No. 1, pp. 35-58. https://doi.org/10.1108/13581980810853208Download as .RIS
Emerald Group Publishing Limited
Copyright © 2008, Emerald Group Publishing Limited