Bradford and Bingley

setmefree

Shares holders to be asked for money

http://newsvote.bbc.co.uk/1/hi/business/7399889.stm

Shares at an all time low

http://newsvote.bbc.co.uk/1/shared/fds/hi/business/market_data/shares/3/23146/twelve_month.stm

donkingkong

Damn!

So that makes my shares worth £360. At their all time high they were worth £1350ish.

Should have cash in.

/me has fingers crossed for a 400% recovery.

[Deleted User]

Haven't you got bored of grinding that axe yet?

Bismarck

I'll grind my axe then, if donkingkong's is worn out....I'm not giving them any more money.....

[Deleted User]

Bismarck wrote: »

I'll grind my axe then, if donkingkong's is worn out....I'm not giving them any more money.....

It was directed to setmefree

donkingkong

donkingkong wrote: »

Damn!

So that makes my shares worth £360. At their all time high they were worth £1350ish.

Should have cash in.

/me has fingers crossed for a 400% recovery.

And now these shares are worth naff all.

BYALPHAINDIA

I'm not surprised the B&B 'failing' at all, I worked for them back in 1994/95 and they were'nt any better then!!

Compared to my 'favourite' job at the good old N&P!!

Everyone loved the N&P!!

I remember when I worked in 'New Mortgages' a 'senior underwriter' refused to give a self employed man a mortgage he earned 45,000 a year had all the accounts for his work, They didn't want to know and gave the reply a polite = No.

We ( the workers) used to nickname it the Bradford & Bingley Baby Society as they were 'too' fussy as to who they would lend to and give an account to.

It was beyond belief how 'Old fashioned' they were - And that was over 10 years ago, So I am not surprised that they have finished!

I said a few years back that they would either go under or be taken over.

Just hope the 'spanish Armada' do a better job.

Regards.

Paparika

Well they are being nationalised now, another bank bites the dust

Baldur

Paparika wrote: »

Well they are being nationalised now

Only the non-profitable mortgage book, according to this Sky News report.

Paparika

Baldur wrote: »

Only the non-profitable mortgage book, according to this Sky News report.

Ah ok, just heard it on BBC news, they just said they were being nationalised, they didn't really go into any fine detail