PeterUK_IHB
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April 17 (Bloomberg) -- The Bank of England should take care when it invests public funds in risky or money-losing ventures, according to documents being sold by Christie's International.
The warning is no reference to the U.K. central bank's role in the rescue of Northern Rock Plc. The London-based auction house said it refers to what might be called ``ye olde credit crunch'' of 300 years ago.
<a href="http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aTXNB.uT0_VM ">More.....</a>
April 17 (Bloomberg) -- The Bank of England should take care when it invests public funds in risky or money-losing ventures, according to documents being sold by Christie's International.
The warning is no reference to the U.K. central bank's role in the rescue of Northern Rock Plc. The London-based auction house said it refers to what might be called ``ye olde credit crunch'' of 300 years ago.
<a href="http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aTXNB.uT0_VM ">More.....</a>
