There are still many twists and turns to be had before the full extent of the Credit Crunch is revealed. The door to the "skeleton-full" cupboard was laid ajar today though when Standard & Poors revealed that Northern Rock repossessions soared by 163% between the first and second quarters, much worse than virtually every other mortgage lender in the UK. Many people would blame the Northern Rocks propensity for lending at 125% multiples.