Northern Rock shareholders to appeal court decision

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Readers' comments (14)

  • Cack

    This is a bunch of cack. Hedge fund makes bad investment and tries to get cash out of the government when it goes wrong. What a waste of time.

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  • Absurd

    I've read the judgement and the hedge funds haven't just lost, they've been totally bushwacked. White & Case and Nabarro should be ashamed to be involved in taking this any further.

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  • decision not fair at all

    If the high court was right, then each and every uk bank share is virtually wothless by now for they all have been helped by the Government since last year's decision to nationalise the lender.

    Wether the court of appeal or the European court of Justice will undoubly correct this mistake and injustice.

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  • Lies lies & Lies

    The general public were told that Northern Rock was solvent and the Bank of England were always the lender of last resort and they were used by Northern rock but someone casused the leak whcih caused the run on the bank causing it's downfall the Goverment then nationalised becuase of this.the goverment is now trying to rip shareholders off the judge has misscalled this I hope this goes all the way to Europe




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  • crappy job by w&c

    hopefully w&c won't get paid for this nonsense . . . serves them right

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  • Mustapha...

    It is pretty clear that every UK bank share IS virtually worthless! Do you bother to read the newspapers? The hedge funds' case is complete garabge. And the 3 judges (it wasn't just 1) were clearly right to tell W&C and their greedy clients were to sling their hooks.

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  • Northern Rock is a going concern so it is wholly wrong for it to be valued as not a going concern.
    There is a conflict of interests that the government is acting as purchaser and also setting the compenation terms.

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  • its not just hedge funds, i held my life savings in NR shares. it is day light robbery for government to take shares and then set compensation terms. besides why just northern rock. all the banks were and are still incredibly leveraged. i sense a conspiracy

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  • Labour are thieves and liers, Brown and Darling must go before any more damage is done to this country.

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  • The nationalisation of Northern Rock was once described by the media as the biggest bank robbery of modern times and the thiefs were indeed the Government. I lost £5,000 in shares at the time and have never financially recovered or bought another share since. What the Government done here stinks and all people like me want is a fair deal and not treated with contempt as this Government seems to feel it has the divine right to do! Cant wait to hear the result of the appeal.

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