Northern Rock -how to buy a bank
Northern Rock’s monetary woes seemed more than just a little suspicious to me. One day, news was leaked out that Northern Rock had applied for emergency guarantees from the Bank of England and the British Government. The ensuing 40% slump in the share value of Northern Rock would have enabled any hawkish buyers to take [...]
The Do Not Call Register Act (DNCRA) 2006 - a Step in the Right Direction!
I recently learned of a new law which came into effect on 31 May 2007 here in Australia which goes pretty far to eliminate what is, in my view, a practice operated only by the more sharkish businesses: cold calling.
This Act has been around since last year, however, its provisions are now fully effective…
So, what [...]
Reclaim Unfair and Unreasonable Bank or Credit Card Charges - Example Letter
After the comment left on my previous post regarding the return of unfair and unreasonable bank or credit card charges (e.g. late payment or exceeded credit limit charges) I have located a copy of the letter which I sent my bank regarding the same.
Of course, this is under English law, so must be used for [...]
