US firm ‘misled’ government over £13bn deal to buy Northern Rock mortgages

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  • US firm ‘misled’ government over £13bn deal to buy Northern Rock mortgages
    US firm ‘misled’ government over £13bn deal to buy Northern Rock mortgages

    Northern Rock was rescued by the Government during the financial crisis Credit: (AP Photo/Sang Tan, File) US private equity giant Cerberus has been accused of misleading the government on a deal to snap up £13bn worth of mortgages from bust lender Northern Rock. Cerberus bought the huge loan book […]

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