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Old 09-28-2009, 09:13 PM
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Post BSA argues Northern Rock should return to mutual status

The Building Societies Association (BSA) is urging the Government to return Northern Rock to the mutual sector, arguing that mutuals take less risk than banks owned by shareholders. Mutual building societies are owned by their members, not by shareholders, and are run for the benefit of those members. The BSA said a new report points [...]

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