surely BB on the takeover watch list currently todays news near to years
low with 8% yield bit of a no brainer.............

Good support at 40p but if it doesnt hold could see 34/35p by close. Ouch !!!

Now the Vultures have surfaced, the tiddlers don't stand a chance of surviving as independants..... So, who's going to take over BBs share of the mortgage market then?

Barclays imho if any.

The amount they hold has risen recently considering they were dumped quite a few during the share offer. Though this may be through some of their investment branches.

Todays news release looks like a paring down prior to a takeover - ie the old bosses get the blame for job losses, not the new ones

possibly...
what price for a t/over and would shareholders get anything?

Terminado..

with the number of sheep and cowards out there in the market this is certainly possible. If people took the time to read the detail SIV's, CDO's etc already written to zero. On top of that they are one of the best capitalised savings banks in the UK. But clearly means nothing to anyone as the city tossers have found another victim whether they be right or wrong. im still a buyer and will continue to buy until they close the doors as the fundamentals do not justify this public slaughter.

If it's not possible to open any new short positions, the only ones who could be dumping the amounts involved are the banks who recently covered the rights issue - who just happen to be the ones who will take B & B over for a pittance when it's share price is driven into the ground .... that's even more corrupt than shorting it to death !

edit :- Tiger Global own up to having a > 1% short open - that's 10 mill shares - is it new or old? ...... have I missed a loophole somewhere that means it's ok to completely ignore new laws on opening short positions providing it's BB. shares? Either way, it's 10mill that have to be covered somehow ...

There seems to be 2 threads here...!.

Could they fall to 10p that is the question..


At 8p they might be worth a go.

no need to worry.......everything will be bust soon.....banks, housebuilders, then all companies.
western world is about to collapse cos of greed

we will go communist soon

Hey scotsman I won my 20p bet then.

uk will still go bankrupt.........china will rule us soon......and we will be marching military style to work

Another one bites the dust...


Troubled bank Bradford & Bingley is to be nationalised, the BBC has learned.

Officials from the Treasury and the Financial Services Authority (FSA) have been in talks with executives from the bank in a bid to secure its future.

BBC business editor Robert Peston says the Treasury will then speedily sell B&B's 200 branches and its savings business to a bank or number of banks.

B&B told savers deposits were safe and Treasury minister Yvette Cooper said they would be "properly protected".

Ms Cooper told the BBC negotiations were still ongoing, but the chancellor would make a statement before the markets opened on Monday.

"We've been very clear that the priority is to make sure that depositors, that ordinary savers, are properly protected, but also that we can support the financial stability of the banking system as a whole."

B&B's share price plummeted to a record low last week.

Thread now closed.

No it's not.

i know i have a biased opinion as out of pocket 85K but this has a tinge of Stalinist Russia about it. I am sick of hearing that its another NR. Apart from the slight differences that it was well capitalised, did not have a run on it, did not have to pay an emergency loan back to the BOE and more importantly (prior to the seizure) part of it was sold for more than it was valued on Friday. Clearly criminal acts are not criminal if carried out by governements. I cant believe the banks that underwrote the share issue 3 months ago are happy, nor the fact if the government is out of pocket the other banks pick up the tab. I am so pleased i packed my bags and left blightly as that fat scottish Ass of a PM will turn the UK into a waste line

Yes it is B & B are ruined.