Northern Rocking, don’t worry, Darling (is on the case)

Alistair Darling, made a good call today by shoring up the British banking industry with some guarantees that will not need to be fulfilled: a good balance of protecting depositors while sending out a message that investors need to take the bad times along with the good times. Even Norman Lamont on Newsnight had praise for BofE and Government in handling the crisis.