Thursday, Jul 09, 2009

We dont care, its the tax payers problem!!

Bloomberg: Bradford & Bingley Swaps Triggered by Credit Event

Looks like the B&B are taking a page from there own cusomers book, if you cant beat'em...join'em. I sit here, I read, I think and I ponder, where, when and how will it all end :-(

Posted by mr cobblepot @ 02:03 PM (367 views) Add Comment

1 Comment

1. jackas said...

This won't cost the taxpayer anything.

Unless RBS and HBOS have exposure to synthetic CDOs on B&B debt.

It's a mess.

Thursday, July 9, 2009 10:34PM Report Comment
 

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