Monday, Sep 22, 2008
Takeover, Merger are the new spin words for bankrupt / back door bailout
Yahoo: Takeover rumours boost Bradford & Bingley
LONDON (ShareCast) - Bradford & Bingley (LSE: BB.L - news) soared on weekend reports that UK authorities are trying to broker a takeover of the buy-to-let mortgage group.
Posted by mark @ 02:17 PM (234 views) Add Comment
1 Comment
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1. Delboypass said...
That is a huge surge in bad debts...
Hopefully now banks will only lend 3.5 times....
Still ridiculous that they are being bailed out ...
we are never going to win this war to get house prices back to reasonable levels...
Id better go find £400,000 for my studio flat in rough part of town...