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	<title>Hedge Fund News From HedgeCo.Net &#187; darling</title>
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		<title>Collapse and fall of the Rock</title>
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		<pubDate>Tue, 17 Feb 2009 00:00:00 +0000</pubDate>
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		<category><![CDATA[bank-of-england]]></category>
		<category><![CDATA[banks]]></category>
		<category><![CDATA[business-model]]></category>
		<category><![CDATA[city forecasts]]></category>
		<category><![CDATA[credit crunch]]></category>
		<category><![CDATA[customer deposits]]></category>
		<category><![CDATA[darling]]></category>
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		<category><![CDATA[money uk]]></category>
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		<category><![CDATA[mortgage debts]]></category>
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		<description><![CDATA[MSN Money UK &#8211; Northern Rock was the darling of the UK mortgage sector, but fuelled its rapid growth by borrowing in money markets and selling on its mortgage debts rather than customer deposits. The eruption of the credit crunch in August 2007 as banks clamped down on risks shattered its business model and forced [...]]]></description>
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