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Timeline: Ex-Credit Suisse traders charged

Posted by mortgage 110 days ago (Editorial)

U.S. authorities have accused a group of former Credit Suisse Group AG traders of falsely inflating the value of mortgage-backed securities on the investment bank's books as the financial crisis began ...

Timeline: Northern Rock's rise and fall

Posted by mortgage 188 days ago (Editorial)

(Reuters) - Following is a look back at Northern Rock's checkered history after Britain agreed on Thursday to sell the failed mortgage lender: July 1965 - Northern Rock Building Society is formed as a result of the merger of Northern Counties Permanent Building Society (established in 1850) and Rock Building Society (established in 1865) October 1, 1997 - Northern Rock converts from a building ..