HSBC and Northern Rock… harbingers of collapse?

2012_edelman_banking_trust_uk_us

Of all the banks that stood out during the credit crisis of 2007-2008, Britain’s Northern Rock Bank was the poster child of how the public will respond to the next financial collapse, especially when it occurs due to the destruction of confidence in the banking system. Many remember the news clips of people waiting in…

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Ken Schortgen Jr. is a finance writer with a deep background in economics, history, and geo politics. His work has been featured by various national sources and is key individual at the Examiner.com

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