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Leslie Hardy

Leslie Hardy is the UK Chairman of Wellington Estates Ltd, a North Cyprus property development company. Read the full text of this article about Cherie Blair, the Orams case and Cyprus property at http://www.wellestates.com
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British and German women visit North Cyprus and purchase property in order to have a love nest where they can discretely meet with young local men away from prying eyes and adverse comment

Wild Parties and the Bank of England

The activities of banks which invested heavily in flawed US subprime mortgages has been likened to 'wild parties' by Mervyn King, Governor of the Bank of England. In the aftermath of a wild party, the merry makers will suffer a hangover next morning. But the wild parties of UK and US bankers are now causing misery in the general population.

The banking crisis in the UK continues. After the demise and nationalisation of Northern Rock, Bradford & Bingley is the next victim. A rights issue of new shares may save the bank, due to the intervention of the Bank of England.

Northern Rock - Could It Happen Again ?

The UK Government has been severely criticised over the Northern Rock banking disaster. A consultative document has been issued which seeks to prevent any run on a UK bank in the future.

Northern Rock And Bear Stearns - A Comparison

The dramatic rescue of Bear Stearns by the Federal Reserve Bank over the weekend of 15 March 2008 was a bold and imaginative move to protect the international reputation of US financial markets. The timely rescue of Bear Stearns invites comparison with the dismal dithering of the UK authorities in their handling of Northern Rock.

Northern Rock - How A Problem Became a Disaster

The UK government's mishandling of the liquidity problem at Northern Rock exacerbated matters. The episode demonstrates the failure of the tripartite regime and bodes ill for the future of the bank under nationalisation.

The UK government took the unexpected and controversial move to nationalise Northern Rock. What does this mean for shareholders, depositors and mortgage customers ?

Sir Richard Branson of the Virgin Group is the UK government's preferred bidder for Northern Rock. But he is facing hostility from shareholders.

North Cyprus Property - The Gary Robb Saga

North Cyprus continues to attract colourful personalities who are wanted by the UK police. Mr Gary Robb has experienced mixed fortunes in North Cyprus.

Would You Borrow $80bn From This Man ?

Mervyn King, the Governor of the Bank of England, has offered 3 month loans, in the sum of $80bn, to beleagured UK banks. But there are no takers.

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