Bradford and Bingley....The start of stability ?

oldagetraveller

Andrew64 wrote: »

I can't imagine who the current shareholders are!

Probably those with the "free" shares given to them when they voted, like lambs (sheep) to the slaughter, for conversion to a "bank"?

sdooley

SouthCoast wrote: »

At 31/12/2007 it had 917,405 shareholders with a holding currently worth less than £125.

http://www.bbg.co.uk/bbg/ir/shareinfo/sharestructure/

Hardly worth selling once commission is stripped out. Wonder how many of them paid into the rights issue?

bristolleedsfan

pizzagirl wrote: »

As soon as that happens you move your money to an account which pays a higher interest rate as you'd normally do anyway. So what's the problem?

Masomania is correct IMO and it applies to both the morgage and savings market.

sdooley

Not only shareholders but also some debt investors wiped out. But at least depositors protected - only at the Government's whim for deposits over £35,000 though.