A general view of the clock and sign outside a branch of mortgage lender Northern Rock in Newcastle, England, Thursday, Nov. 17, 2011. The British government said Thursday it is selling Northern Rock,... more 
A general view of the clock and sign outside a branch of mortgage lender Northern Rock in Newcastle, England, Thursday, Nov. 17, 2011. The British government said Thursday it is selling Northern Rock, the nation's first victim of the credit crisis, to Virgin Money, owned by billionaire Richard Branson's Virgin Group. Virgin Money is paying 747 million pounds ($1.2 billion) on closing but there are provisions for the government to receive up to 1 billion pounds in total, the Treasury announced. Virgin Money has promised that it will not lay off any more employees and will maintain the full branch network for at least three years. (AP Photo/Scott Heppell). less 
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Associated Press | Photo By Scott Heppell
Thu, Nov 17, 2011 10:24 AM EST