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)
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One thought on “We dont care, its the tax payers problem!!

  • This won’t cost the taxpayer anything.

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

    It’s a mess.

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