Saturday, August 30, 2008
Gordy and Darling aren’t out of the mucky brown stuff yet
Bradford & Bingley was so close to the edge
Bradford & Bingley gave us a glimpse on Friday of how dicey things were early in July. The bank came uncomfortably close to becoming a second Northern Rock. It might be fanciful, but a collapse could even have brought down the Government if things had got seriously messy and the contagion had spread.
3 thoughts on “Gordy and Darling aren’t out of the mucky brown stuff yet”
Add a comment
- Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
- Please note that any viewpoints published here as comments are user´s views and not the views of HousePriceCrash.co.uk.
- Please adhere to the Guidelines
paul says:
““It was a scary time, not just for us but for the whole world,” Rod Kent, the chairman, told me.”
No, just for Bradford & Bingley – I wasn’t scared.
paul says:
“Tenant demand is strong, rents are still rising, voids (periods when properties are empty) are falling. ”
Eh? That’s completely untrue.
wiltshire says:
Oh well, in about 2058 we MIGHT get to see the files detailing how many billions of tax payer pounds have gone into keeping B&B afloat.