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Bradford and Bingley

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  • grade15
    grade15 Posts: 543 Forumite
    Part of the Furniture
    i guess your right to question about whether they will step in.. cos I think Alistair Darling does not have a mortgage account with B&B..!!!!
    smile everyday...cos its free :)
    Live everyday to the Full..cos there is no tomorrow:dance:
  • setmefree
    setmefree Posts: 851 Forumite
    grade15 wrote: »
    i guess your right to question about whether they will step in.. cos I think Alistair Darling does not have a mortgage account with B&B..!!!!

    LMFAO
    :rotfl::rotfl::rotfl::rotfl::rotfl:

    isn't his with the BROKE & BEWILDERED Bank
  • setmefree
    setmefree Posts: 851 Forumite
    The back stabbing has started

    http://news.bbc.co.uk/1/hi/business/7425519.stm

    and about time
  • ad44downey
    ad44downey Posts: 2,246 Forumite
    Shares down another 7% today alone to just 90 pennies. Just how low can these turkey shares go?? :rolleyes:
    Krusty & Phil Madoff, 1990 - 2007:
    "Buy now because house prices only ever go UP, UP, UP."
  • bristolleedsfan
    bristolleedsfan Posts: 12,645 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    ad44downey wrote: »
    Shares down another 7% today alone to just 90 pennies. Just how low can these turkey shares go?? :rolleyes:


    One thing is certain they cant fall by more than 90.5p ;) ( based on todays closing price)
  • earlgrey_3
    earlgrey_3 Posts: 583 Forumite
    Not sure all the joy and hilarity at the problems of B & B are wholly appropriate. Almost get the feeling that a lot of bored souls with too much time on their hands would delight in seeing another bank fold.

    Let's remember there are real jobs at stake here as well as very small shareholders often with only 250 shares. Not a lot of money but important to them. Let us all know where you work so we can all have a laugh when your company goes under. ;)
  • Masomnia
    Masomnia Posts: 19,506 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Forgive me for being young and financially naive, but surely they can't go that much lower, and the government wouldn't let it collapse, I presume.

    So aren't we looking at a reasonable opportunity for long term investment? I remember Nothern Rock shares doubling (If I recall correctly) when the chancellors bail out plan was announced.

    Just curious.
    “I could see that, if not actually disgruntled, he was far from being gruntled.” - P.G. Wodehouse
  • setmefree
    setmefree Posts: 851 Forumite
    earlgrey wrote: »
    Not sure all the joy and hilarity at the problems of B & B are wholly appropriate. Almost get the feeling that a lot of bored souls with too much time on their hands would delight in seeing another bank fold.

    Let's remember there are real jobs at stake here as well as very small shareholders often with only 250 shares. Not a lot of money but important to them. Let us all know where you work so we can all have a laugh when your company goes under. ;)

    And let me remind you that US the tax payer have already bailed the banking industry out to the tune of £80 billion,and shareholders knew the risk when they invested, the same answer giving by the Banks when a person loses their house..you knew the risks ;)
    As for Companies going under you can aim your remark to the banking industry, the same industry that has taken many small companies out of business with their charges;)
  • bristolleedsfan
    bristolleedsfan Posts: 12,645 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    earlgrey wrote: »
    Not sure all the joy and hilarity at the problems of B & B are wholly appropriate. Almost get the feeling that a lot of bored souls with too much time on their hands would delight in seeing another bank fold.

    Let's remember there are real jobs at stake here as well as very small shareholders often with only 250 shares. Not a lot of money but important to them. Let us all know where you work so we can all have a laugh when your company goes under. ;)


    Perhaps some of us are B+B small shareholders trying to put a bright face on another crumbling shareholding value. ;)
  • napoleon
    napoleon Posts: 611 Forumite
    Good news at last , the shares have tanked so badly that the dividend yield on Bradford and Bingley shares is now a whopping 23%!! And that's after tax!

    Div Yield = 23.2%


    You'd be lucky to get 7% in a bank. Surely the shrewdies should now begging, borrowing and stealing and piling in and buying as many B+B shares as they can get their hands on! Or have I missed something ;)
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