http://search.ft.com/nonFtArticle?id=080123000067&ct=0

Looks the same as PAG with fewer assets, 15 pence would seem about the correct level?

Big rise today but is that Market makers pumping. Looks like an avoid to me.

what a relief!! not a total loss now!

Good gains on Friday but crazy movements today!

Another one bites the dust...


London Scottish Bank said today it had gone into administration after suffering a shortfall in its capital reserves.

LSB, which focuses on unsecured consumer lending and debt collection, said it had sought an administration order on Sunday, and that audit firm Ernst & Young had been appointed as administrator.