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December 12, 2007: Troubled British Lender Dropped from FTSE 100

2007-12-12

Distressed British mortgage giant Northern Rock is dropped from the FTSE 100 index of leading London-listed blue chip shares. The move comes as part of the biggest shake-up of the index since the crash of 2001, when the “dotcom” investment bubble burst. [BBC, 8/5/2008]