

http://www.mirror.co.uk/opinion/voiceofthemirror/2009/10/29/rock-of-ages-115875-21781328/
Voice of the Mirror
29 October 2009
Given the dire state of the nation's finances the Government must be tempted to flog Northern Rock.
Alistair Darling would surely relish netting a few billion from a sale to a private buyer.
But there is strong case for returning the firm to its mutual roots.
Northern Rock started as building society helping the low-paid in the North East get a foot on the housing ladder.
It flourished for a hundred years before it was brought low by private-sector greed. A remutualised company could again help those struggling to get loans from the private sector.
And that could prove a far better benefit in the long term than any quick buck made from a lightning sale.

