Is Bradford & Bingley on the 'Rocks'?

[Sweetpea]

Bradford & Bingley could be nationalised to save it from collapse.
Ministers are considering a dramatic plan to merge it with Northern Rock to create a publicly-owned ‘superbank’.
Sources stressed that depositors’ cash would be guaranteed by the Government. The desperate rescue scheme emerged at the end of another tumultuous week in the global financial crisis.
It would be the Government’s most drastic action to shore up the banking system since the Northern Rock debacle.
A takeover of B&B, which has lost 95 per cent of its value in a year, would deliver another blow to Gordon-Brown’s fast-dwindling reputation-for economic competence and risk blowing the Government’s financial plans apart.

Swallowing up B&B’s £41billion balance sheet would push the national debt over £670billion, including £87billion of Northern Rock mortgages.


Is Bradford & Bingley on brink of bail-out? Ministers plan 'superbank' merged with Northern Rock | Mail Online

BBNR?

[Churchill]

Fell off the FTSE 100 about 6 months ago, that should be warning enough I think.

[terrywit]

yay b&b shae are worth 20p

[poppy]

ironic they are still advertising on TV

[Churchill]

Originally Posted by poppy

ironic they are still advertising on TV

Probably paid for last year or summat.