Bradford & Bingley

[Beach Hut]

Here we go again the B & B is to be nationalised

BBC NEWS | Business | Treasury to nationalise B&B bank

I can't wait for our taxes to go up to sponsor errant financial companies.....

 

[withdeanwombat]

Or for the banking system to collapse so we can all go to the soup kitchens.

 

[bigc]

Here we go again the B & B is to be nationalised

BBC NEWS | Business | Treasury to nationalise B&B bank

I can't wait for our taxes to go up to sponsor errant financial companies.....

I wish they could recover the money from the bastards that make a living out of "predicting" such things and then reaping the rewards...

 

[Beach Hut]

Or for the banking system to collapse so we can all go to the soup kitchens.

Can't bail them all out otherwise UK PLC will need a mortgage

 

[bigc]

Can't bail them all out otherwise UK PLC will need a mortgage

In this case, isn't B&B just being bought to be sold on again almost instantly, so to speak?

 

[Beach Hut]

In this case, isn't B&B just being bought to be sold on again almost instantly, so to speak?

Like Northern Rock has been sold on ?

It will saddle our governmant with another huge debt burden.

 

[bigc]

Like Northern Rock has been sold on ?

It will saddle our governmant with another huge debt burden.

Apparently the beeb is saying "BBC News business editor Robert Peston says the Treasury will almost instantaneously sell to a bank, or a number of banks"

I guess they learnt from NR, but then again it may have been simply because they couldn't face Richard Branson owning a bank...

Virgin Bank?

Sounds more like an all girls catholic school to me