New revelations have emerged about failed bank, Northern Rock's, risky business activities that led to its being taken over by the Bank of England in 2007.
It has emerged that certain individuals within the bank had been approached by email by citizens from certain African nations who had substantial amounts of money that they wanted to transfer to the UK but had been prevented hitherto due to spelling mistakes.
The returns appeared to be substantial and the bank's officials saw no reason to doubt the veracity of the emails. As one employee said: "The trend today in banking is act no matter what the risk, knowing that you can sell any debt on for a profit. These emails seemed to good an opportunity to ignore."
Asked why no further credit checks were taken on the senders of the emails the spokesperson burst into laughter: "in international banking when someone offers you a deal by email, with no credentials that seems to be too good to be true, why wouldn't you expose yourself to ludicrous risk?"
