Sunday, June 8, 2008

Why should Investors trust this guy?

B&B launches charm offensive to woo investors

Rod Kent, the embattled chairman of Bradford & Bingley, will launch a charm offensive this week to persuade furious shareholders that the new rights issue and rescue package put together last week with TPG was the only way to protect the bank.

Posted by alan @ 01:16 PM (458 views)
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One thought on “Why should Investors trust this guy?

  • no rod,the way to protect the bank was to fix all lending according to the book you rang so you did’t need to refix every 3 months whilst people sat on 2-5 year fixed rates.

    Also you should have withdrawn from the bloated uk lending and looked abroad at germany,brazil and other areas which are cheap and just starting to take off.

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