Thursday, July 9, 2009
We dont care, its the tax payers problem!!
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 (698 views)
One thought on “We dont care, its the tax payers problem!!”
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jackas says:
This won’t cost the taxpayer anything.
Unless RBS and HBOS have exposure to synthetic CDOs on B&B debt.
It’s a mess.